China-Kyrgyzstan-Uzbekistan railway construction has been postponed indefinitely due to financing disagreements, as reported by Silk Road Briefing. The project, aimed at connecting China's railway network with Uzbekistan through Kyrgyzstan, has been delayed due to unresolved financial issues. The countries involved have not reached an agreement on funding distribution.
The railway's future as a crucial transport link between Europe and China is now uncertain. The project's estimated cost is $1.34 bn, with China's CNIMEC designated as the construction company. Kyrgyzstan hopes to generate annual transit revenue of up to $200 mn from the railway. However, infrastructure expert Kubat Rakhimov noted that the current transportation volume through Kazakhstan yields much more substantial results. Rakhimov stated, "Transportation through Kazakhstan, which involves significantly larger volumes, does not provide the same outcomes."
Daryo stated previously that the planned railway branch aims to connect the railway networks of China and Uzbekistan through Kyrgyzstan, ultimately extending to Europe via Turkmenistan, Iran, and Turkey. The 454-km route would stretch from Kashgar in China, passing through Torugart, Naryn, and Jalal-Abad, before reaching the Uzbek border.
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Recently, Tilek Tekebayev, the Minister of Transport of Kyrgyzstan, disclosed that two financing options were proposed for the China-Kyrgyzstan-Uzbekistan railway: credit-based or based on a public-private partnership (PPP). Tekebayev assured that Kyrgyzstan would present its proposals during the negotiations.
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