TASHEKNT, Uzbekistan, October 30. Fixed fares for public transport are set to increase in Uzbekistan’s Tashkent starting from November 1, Trend reports.
As per data provided by Toshshahartransxizmat JSC, an authorized organization for economic management of Uzbekistan’s passenger transportation, the fare for public transport in the capital will rise from 1400 soums (11 cents) to 1700 soums (14 cents) for passengers using ATTO transport cards. When paying in cash or with bank cards, the cost of a single trip will increase from 1400 soums to 2000 soums (16 cents).
In addition, when transferring from one bus to another within an hour, a passenger who owns a transport card will pay only 700 soums. At the same time, trips on the third and fourth buses for an hour will be free.
Uzbekistan is actively expanding its bus fleet, as earlier this year, the European Bank for Reconstruction and Development (EBRD) lent Uzbekistan's Samarkand $49 million to deploy electric buses.
Furthermore, Chinese Dongfeng Motor Car Manufacturing Company expressed desire to open production of electric buses in Uzbekistan, investing $45 million in the project. The volume of investments will rise to $50 million in 2025 to localize the production of batteries and other components for electric vehicles, as well as organize a maintenance service.
Additionally, Chinese Luoyang Grasen Power Technology, specializing in the research and development, manufacture, sales, and service of new energy electric vehicle charging equipment, plans to launch the production of electric vehicle chargers in Uzbekistan. The company's potential investment in this project is estimated at $30 million. In addition, Tunghsu Group is ready to invest $50 million in a solar panel project.