Asia

ADB loan for Uzbekistan Railways locomotive order

By 28 May 2019

‘Transport and connectivity are crucial for the growth and development of a double landlocked country like Uzbekistan, and remains a high priority for our support’, said ADB Country Director Cindy Malvicini.

UZBEKISTAN: The Asian Development Bank has approved a US$170m loan to support the US$218m procurement of 24 ‘state-of-the-art’ electric locomotives by national railway UTY, along with the modernisation of a depot in Toshkent.

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