The Decree of the President of the Republic of Uzbekistan № ПП-3121, dated July 10, 2017 approved measures on realization of the investment project "Electrification of the railway line "Karshi-Kitab" with the organisation of fast traffic of passenger trains".
According to the decree, the investment project will be implemented in the period 2017-2018.
Sources of financing of the investment project with the estimated cost of the equivalent $58.87mn are:
- own funds of JSC "Uzbekiston Temir Yullari", equivalent to $18.58mn, and JSC "Uzbekenergo", equivalent to $7.31mn;
- funds of centralized investments in the amount of 50.0 billion soums (equivalent to $14.06mn);
loan of Fund for reconstruction and development of Uzbekistan in the amount of $18.92mn.
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