President approves project to create high-speed ring railroad around Tashkent
27/05/2017 19:29
President approves project to create high-speed ring railroad around Tashkent
27/05/2017 19:29
Tashkent, Uzbekistan (UzDaily.com) -- President Shavkat Mirziyoyev signed a resolution “On measures on implementation of the project “Construction of electrified high-speed double-track ring railroad in the city of Tashkent” on 19 May 2017.
Uzbek leader approved the main parameters of the project for the construction of theelectrified high-speed double-track ring railroad around Tashkent.
According to the document, the project will be implemented in stages in 2017-2021. The cost of the project is US$320.1 million.
The state budget will allocate US$25.3 million. About US$159.8 million of centralized investments will also be directed to the implementation of this project.
Fund for Reconstruction and Development of Uzbekistan will provide US$20 million for implementation of the project. These funds were used for purchase of imported equipment, raw materials, materials and components, passenger electric trains, as well as special construction and installation works involving foreign contractors.
Eximbank of China will allocate US$115 million for construction of the ring railway around Tashkent.
President of Uzbekistan instructed to submit for approval to the Cabinet of Ministers a feasibility study of the project by 1 October 2018.
Uzbek head release all participants of the projects from payment of customs duties, value-added tax for goods, works and services, mandatory deductions and fees to targeted state funds.
Total length of the ring railroad will make up 71.2 km. Within the project, it is planned to construct over 140 km of railroads.
Hosilov said that the railroad will be linked with routes of buses, underground and other types of transport.
The line will have 26 stations. The gap between the trains will be 7 minutes. At the first stage, 10 trains will be operated on the railway - 5 in each direction. They will overcome all the way in about an hour.
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