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Kyrgyzstan, China sign loan agreement for construction of major railway project

by Newsroom
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BISHKEK, Kyrgyzstan, December 16. Kyrgyzstan
and China sign loan agreement for construction of major
China-Kyrgyzstan-Uzbekistan railway project, Trend reports via the Kyrgyz
Cabinet of Ministers.

The agreement was concluded between the
“China-Kyrgyzstan-Uzbekistan Railway Company” LLC (Joint Project
Company) and a Syndicate of Banks from the People’s Republic of
China, which includes the China Development Bank and the
Export-Import Bank of China.

The total cost of the railway project is estimated at $4.7
billion. Half of this amount, approximately $2.3 billion, will…



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