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China Road and Bridge Corporation interested in participation in China-Kyrgyzstan-Uzbekistan railway construction

Business Materials 17 April 2012 10:44 (UTC +04:00)

Prime Minister Omurbek Babanov met with representatives of the China Road and Bridge Corporation (CRBC) Director General Weng Gan, the government's press service said on Tuesday, CA-News reported.

The issues related to construction of the this railway were discussed at the meeting.

The Prime Minister expressed interest of Kyrgyzstan in implementation of this project.

"Construction of the railway is of a great importance for the country. Intention of your company to participate in this project may be considered as the beginning of a new state in development of cooperation between our countries, which is evidence of transition of the earlier reached agreements concerning railway construction into practical implementation," Omurbek Babanov said.

Development of the feasibility study will require significant investments from involved parties, Weng Gan said. He expressed readiness of CRBC to invest into preparation of the feasibility study and to find investments for this project on the whole.

The Ministry of Transport and Communications and CRBC will sign the memorandum of cooperation.

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