• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00192 0%
  • TJS/USD = 0.09135 -0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00192 0%
  • TJS/USD = 0.09135 -0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00192 0%
  • TJS/USD = 0.09135 -0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00192 0%
  • TJS/USD = 0.09135 -0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00192 0%
  • TJS/USD = 0.09135 -0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00192 0%
  • TJS/USD = 0.09135 -0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00192 0%
  • TJS/USD = 0.09135 -0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00192 0%
  • TJS/USD = 0.09135 -0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
22 January 2025

Viewing results 1 - 6 of 157

Important Deal Signed for China-Kyrgyzstan-Uzbekistan Railway Project

On December 20, Bishkek hosted the signing of an investment agreement between Kyrgyzstan’s Cabinet of Ministers and China-Kyrgyzstan-Uzbekistan Railway Company LLC. The agreement encompasses the design, construction, financing, operation, and maintenance of the China-Kyrgyzstan-Uzbekistan railway. The announcement came shortly after Kyrgyz President Sadyr Japarov revealed that construction on the strategic railway, which will connect the three nations, is set to begin on December 27. The agreement was signed by Kyrgyzstan’s Minister of Transport and Communications, Absattar Syrgabaev, and Zhong Shenggui, Chairman of the Board of Directors of China-Kyrgyzstan-Uzbekistan Railway Company LLC. A Historic Milestone The signing ceremony was attended by Kyrgyz Deputy Chairman of the Cabinet of Ministers and Minister of Water Resources, Agriculture, and Processing Industry Bakyt Torobayev; Li Baojie, Charge d’Affaires of the Chinese Embassy in Kyrgyzstan; and Saidikram Iyazkhodjaev, Uzbekistan’s Ambassador to Kyrgyzstan. In his remarks, Torobayev called the agreement a historic achievement for the three nations, marking the conclusion of a lengthy negotiation process and the start of practical implementation. “This large-scale infrastructure project is of both regional and international significance,” he emphasized. Strategic Importance of the Railway The China-Kyrgyzstan-Uzbekistan railway is a pivotal development for the transport strategies of the participating countries. Currently, neither Kyrgyzstan nor Uzbekistan has a direct railway link with China, while Central Asia’s rail connection to China is limited to a route through Kazakhstan. Furthermore, Kyrgyzstan and Uzbekistan lack a direct railway link between them. The project’s significance was cemented on June 6, 2024, when China, Kyrgyzstan, and Uzbekistan signed an intergovernmental agreement in Beijing. The 523-kilometer railway will traverse Kashgar (China), Torugart, Makmal, Jalal-Abad (Kyrgyzstan), and Andijan (Uzbekistan). Transit and logistics infrastructure will be developed along the route to support its operations. Once completed, the railway is expected to transport up to 15 million tons of cargo annually, significantly enhancing trade and connectivity in the region.

New Train Connects Astana and Borovoye Resort in Kazakhstan

Kazakhstan’s national railways company, Kazakhstan Temir Zholy (KTZ), has announced the launch of a new electric train connecting the capital, Astana, and Borovoye, one of the country’s most popular year-round resorts. Borovoye is the widespread and commonly used Russian name of the Burabay National Park, located just 250 kilometers north of Astana. The new train will take passengers from Astana to Borovoye in just 2 hours and 26 minutes, without any stops. The train, consisting of six modern domestically manufactured carriages for a total of 574 passengers, will run five days a week. It is equipped with USB sockets, Wi-Fi, and bicycle racks. For passengers with disabilities, it has lifts and places for wheelchairs. Nurtas Karipbayev, Chairman of the Tourism Industry Committee at Kazakhstan’s Ministry of Tourism and Sports, commented: "The launch of a new tourist train is an important step in the development of domestic tourism and the creation of new opportunities for travel in Kazakhstan. We are confident that this train will become a favorite way for residents and guests of our country to get to one of its most beautiful resorts". According to the Ministry of Tourism and Sports, over the first nine months of 2024, the number of domestic tourists traveling inside Kazakhstan increased by 562,000 and reached 6 million. The number of foreign visitors was 11.5 million, almost twice as much as in the same period in 2023.

Alstom to Supply 117 Locomotives to Kazakhstan

Kazakhstan’s national railway company, Kazakhstan Temir Zholy (KTZ), Electric Locomotive Assembly Plant, and France’s Alstom have agreed to supply 117 freight electric locomotives by 2028 and establish service centers for them. The document was signed at Paris's November 4 Kazakhstan-France Business Council meeting. These powerful electric locomotives, capable of hauling freight trains weighing up to 9,000 tons, will replace the outdated VL-80 locomotives of the 1980 model. The new locomotives' advantages include lower cost, more economical power consumption, high reliability, and lower maintenance costs. The French bank Société Générale will provide preferential financing for the purchase of the locomotives. Kazakhstan's railways play a strategic role in its economy. The country is a key transit hub for rail cargo transportation along the Trans-Caspian International Transport Route (TITR), also known as the Middle Corridor, which connects China and Europe. Today, more than 50% of freight in Kazakhstan is transported by rail. Kazakhstan Temir Zholy, the country’s national railway company, reported transporting more than 122 million tons of cargo from January to June 2024.

Kazakhstan and Russia Increase Rail Cargo Transportation to and from China

On October 18, Kazakhstan's Deputy Prime Minister Serik Zhumangarin, and Russia's Deputy Chairman of the Government Alexey Overchuk attended a meeting of the Intergovernmental Commission on Cooperation in Moscow, on Kazakhstan and Russia's transport and logistics sectors. As reported by the Kazakh government's press service, between January and September 2024, the volume of containers transported by rail from Russia to China through Kazakhstan, increased by 63% compared to the same period in 2023, while container transportation along the China-Europe-China route through Russia and Kazakhstan increased by 65%. During the meeting an agreement was made to further increase the flow of container trains on the China-Kazakhstan-Russia route by constructing the necessary transport infrastructure at the Selyatino rail station in the Moscow region. In April,  Kazakhstan’s national railway’s company Kazakhstan Temir Zholy (KTZ), Russia’s Slavtrans-Service JSC, and China’s Xian Free Trade Port Construction and Operation Co., Ltd began construction on a new transport and logistics center, CRK Terminal, at Selyatino, aimed at ensuring the efficient handling of cargo following the route Xi'an (China) - Dostyk/Altynkol (Kazakhstan) - Selyatino (Russia). The center is set to become an essential link in developing international transport corridors and increase the competitiveness of transportation through Kazakhstan. In 2023, the volume of cargo transported by rail between China and Russia through Kazakhstan amounted to 3.8 million tons, an increase of 35% compared to 2022. Kazakhstan also remains an important transit and transport link along the Trans-Caspian International Transport Route (TITR), which known as the Middle Corridor, connects China and Europe via Central Asia and the Caucasus.

China-Kyrgyzstan-Uzbekistan Railway Company Opened in Bishkek

On September 28, LLC China-Kyrgyzstan-Uzbekistan Railway Company opened in Bishkek for the purpose of constructing and operating a line connecting the three countries. The opening ceremony was attended by the Chairman of the Cabinet of Ministers of the Kyrgyz Republic, Akylbek Japarov, the Chinese Ambassador to Kyrgyzstan, Du Dewen, high-ranking officials from the Department of Foreign Capital and Overseas Investment of China’s National Development and Reform Commission, and Uzbekistan’s Minister of Transport, Ilkhom Makhkamov. Emphasizing the railway's importance for the region, Japarov stated: "We call this project ‘the construction of the century.’ It will take economic cooperation between China and Central Asian countries to a qualitatively new level." Currently, neither Kyrgyzstan nor Uzbekistan has a rail link with China, with Central Asia only having a connection to China through Kazakhstan. Kyrgyzstan and Uzbekistan also have no railway connecting the two countries. China, Kyrgyzstan, and Uzbekistan signed an intergovernmental agreement on the railway construction project on June 6 in Beijing. As previously reported by The Times of Central Asia, the 523 km railway will run through Kashgar (China), Torugart, Makmal, Jalal-Abad (Kyrgyzstan), and Andijan (Uzbekistan). A transit and logistics infrastructure will be developed along the route. Once completed, the line will see 15 million tons of cargo annually. In June, Akylbek Japarov confirmed a statement made by Kyrgyz President Sadyr Japarov in April 2024, stating that the railway construction would cost $8 billion as opposed to the preliminarily estimate of $4.7billion. 

Passenger Train Between Tashkent and Moscow Resumes

After a four-year break, the passenger train service on the Tashkent-Moscow-Tashkent route has resumed. The service reopened this week, with passenger trains now departing from Tashkent and back from Moscow once a week. The first Tashkent-Moscow train departed from Tashkent’s central railway station on September 24, and is scheduled to arrive at the Paveletsky railway station in Moscow on September 27. Passenger train service on the Bishkek-Moscow route will resume in 2025. The passenger train between Bishkek and Moscow has been out of operation since the COVID-19 pandemic. After the pandemic, trains from Bishkek and the Russian city of Samara resumed. Passenger trains to Moscow were temporarily suspended from Bishkek and other Eurasian countries due to a large-scale reconstruction of the Moscow railway junction that began after the pandemic. Relatively cheap railway service to Moscow (compared to air transport) is essential for Kyrgyzstan and Uzbekistan, as hundreds of thousands of Kyrgyz and Uzbek labor migrants work in Russia.