The loan amount will be used to boost railway freight transportation capabilities and increase passenger train frequency in the Fergana Valley region. Credit: My pictures are CC0. When doing composings: from Pixabay.

The Asian Development Bank (ADB) has agreed to provide a $121m loan for railway modernisation works in eastern Uzbekistan.

The financing will be used to boost railway freight transportation capabilities and increase passenger train frequency in the Fergana Valley region to enhance regional connectivity.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

The ADB loan will also help in upgrading telecommunications systems by eliminating signalling gaps, as well as in training railway staff with modern management techniques.

Most of the railway lines in eastern Uzbekistan were built during the Soviet era to support steam and diesel-powered train movement.

Notably, ADB allocated an $80m loan in 2017 for the electrification of the 145.1km of railway connecting the cities of Pap, Namangan, and Andijan in the Fergana Valley.

ADB Central and West Asia principal transport specialist Ko Sakamoto said: “This expanded support will help ensure that trains on the modernised railway network operate safely and more frequently.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“The project will enhance the attractiveness of railways as an environmentally friendly, reliable, and affordable mode of transport for the people of Uzbekistan.”

Overall, Uzbekistan’s railway network transports around 30% – 40% of freight in the country. It also carries around 3% – 4% of passenger traffic.

The modernisation of the sector is expected to boost trade with neighbouring countries and improve access to education, health and work opportunities.

Earlier this year, ADB allocated a $1bn loan for the development of Delhi–Meerut Regional Rapid Transit System (RRTS) in India.

The loan will be used to fund various civil works such as the construction of railway tracks, station buildings, power supply and maintenance facilities among others.