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Russia Will Invest in the Development of Central Asian Railways

Written by on Monday, 28 July 2008
Business and Economics, Kyrgyzstan
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Russian Railways OJSC will invest 112 billion roubles (more than 4 billion USD) in the development of infrastructure to increase the volume of transportation with Central Asian countries. According to the news agency “Kabar”, Russian Railways OJSC President Vladimir Yakunin told this at a meeting of heads of railways of Kazakhstan, Kyrgyzstan, Russia, Tajikistan, Turkmenistan and Uzbekistan in Cholpon-Ata.

The meeting was devoted to development of strategy of rail ways of Central Asian region in the sphere of international transportation.

President of Russian Railways Vladimir Yakunin, Director General of National company “Kyrgyzstan rail ways” Asan Rysmendiev, Bishkek Mayor Nariman Tuleyev, President of National company “Kazakhstan rail ways” Askar Mamin, first deputy chairman of Tajik rail ways Vladimir Sobkalov, first deputy chairman of Uzbek rail ways Fazlitdin Sagdullaev took part in the work of the meeting.

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