Officials refer to price tag of towards $7bn for planned Uzbekistan-Afghanistan-Pakistan railway

By bne IntelIiNews November 16, 2023

The price tag for the planned Uzbekistan-Afghanistan-Pakistan railway, also known as the Trans-Afghan Railway, will be towards $7bn according to estimates made by the three countries.

Officials at Uzbekistan’s transport ministry referred to the figure after November 15 talks between Uzbek transport minister Ilkhom Makhkamov, Pakistani industry development officials and two large transport and logistics companies, NLC-Logistics and TCS.

However, as always where infrastructure projects in Afghanistan are concerned, the neighbouring countries will seek security guarantees from the war-torn nation’s Taliban administration ahead of expediting the construction phase on Afghan territory.

The railway construction project could be implemented with a public-private-partnership (PPP) model in the construction-operation-transfer format, Uzbek officials also said.

The parties to the talks also agreed that multimodal transportation should be developed along the Trans-Afghan Corridor, while transportation fees should be reduced, cargo transportation simplified and the railway construction accelerated.

The Trans-Afghan Railway project was launched in 2018. At that time, an annual cargo transportation potential of 20mn tonnes worth $5bn was estimated.

Related Articles

Ghana to evacuate 161 citizens from Cambodia as fake deportation scare spreads

Ghana has evacuated 85 citizens from Cambodia and is arranging the return of another 76, authorities said, amid concerns sparked by a fake online notice falsely claiming African nationals faced ... more

Nigeria’s Jiji acquires Bangladeshi classifieds platform peer Bikroy in first expansion deal outside Africa

Jiji, the Nigerian-founded online classifieds marketplace, has acquired Bikroy, Bangladesh’s largest online classifieds platform, marking the company’s first acquisition outside Africa and ... more

Shell and Petronas seek 20% gas price increase for Egypt’s West Delta marine phase

UK energy major Shell (LON:SHEL) and Malaysia's national oil and gas company Petronas have asked the Egyptian Natural Gas Holding Company (EGAS) to raise the gas price for the upcoming Phase 12 ... more

Dismiss
liveChat() ?>