Angren-Pap railway to be completed by April 2016
He said that within the project on construction of electrified railroad Angren-Pap with the cost of US$1.2 billion, investments for US$523 million were used (43.6% from total investments).
Ismatullaev said that the company used US$403.5 million within project on construction of electrified railroad Angren Pap in 2014 at the forecast volume of US$387.2 million.
He stated that the railroad will link regions of Ferghana Valley with the central part of Uzbekistan and complete formation of single railroad transport system.
Uzbekistan Temir Yollari started construction of electrified railroad Angren-Pap in July 2014. The road will go through Qamchiq Pass and link Ferghana Valley (Andijan, Namangan and Ferghana regions) with other part of Uzbekistan.
China Railway Tunnel Group constructs tunnel of the railway with the cost of US$455 million.
The cost of the project makes up US$1.2 billion. The project will be financed due to resources of the state budget, own resources of Uzbekistan Temir Yollari and loans of international financial institutions.
Uzbekistan is planning to commission new electrified railroad Angren-Pap in July 2016.