Tajikistan Afghanistan Turkmenistan Railway Financing Suspended

tajikistan afghanistan turkmenistan railway
tajikistan afghanistan turkmenistan railway

The Asian Development Bank temporarily suspended the financing of the railway passing through Afghanistan for security reasons. It is reported that the Asian Development Bank has temporarily suspended the financing of the Tajikistan-Afghanistan-Turkmenistan railway construction due to security problems.

The bank's Tajikistan Representative Si Si Yu told reporters that the bank has stopped financing Tajikistan-Afghanistan-Turkmenistan railway construction for security reasons due to the growing tension in Afghanistan.

Stating that the security in Afghanistan is at a very low level, Yu said, “Turkmenistan has completed the construction of the part of the railway that passes through its territory, but we do not want to construct a railway in a place where security is not guaranteed. This is very dangerous. ”

Reminding that the most important part of the route in question passes through Afghanistan, Yu emphasized that the resources that the country should have certain financial resources are not sufficient.

If the situation in the country improves, we will return to the project

Stating that the financial resources allocated for the project by the Asian Development Bank will be directed to other projects, Yu said, "If the situation in the country improves, maybe we will return to this project." Yu recalled that the Asian Development Bank had allocated $ 9 million for the feasibility studies of the Tajikistan-Afghanistan-Turkmenistan railway construction project.

60 kilometers of the said railroad between the three countries is expected to pass through Tajikistan and the 300 kilometer will go through the territory of Afghanistan.

The agreement on the construction of the Tajikistan-Afghanistan-Turkmenistan railway was signed by the heads of state of these countries in March 2013 and it was envisaged to provide financing of the railway, which is planned to start operating in 2018, by the Asian Development Bank.

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