Kyrgyzstan and the U.S. plan to build a $3 billion railway spanning the entire Central Asian country, according to Kyrgyzstan’s National Investment Agency (NIA).
The Trans-Eurasian Route project will involve constructing a new rail line from the village of Makmal in southern Kyrgyzstan to the city of Karakol in the east.
The NIA, state-owned rail operator Kyrgyz Temir Zholu and U.S.-based All American Rail Group Global Infrastructure Partner LLC have signed an agreement for the project, which will be carried out as a public-private partnership (PPP).
NIA Director Talantbek Imanov said the initiative marks Kyrgyzstan’s first PPP project in the...