Kyrgyzstan will need to spend 8 billion dollars on the China-Kyrgyzstan-Uzbekistan (CKU) rail line. Funding is the main obstacle to the construction of the route. Kyrgyzstan has not yet been able to find enough money to complete its part of the route. Akylbek Zhaparov, the head of the Kyrgyz cabinet of ministers, provided an update…
Category: China
Russia to spend an additional trillion rubles on ‘Eastern Polygon’ lines
Russia will spend an additional one trillion rubles (10 billion euros) on the Trans-Siberian and Baikal-Amur railway lines. The extra financial injection is part of an infrastructure upgrade plan in Russia’s Far East. On 27 March, Russian Railways and the Russian transport ministry agreed on a framework for upgrades until 2035. The Russian transport ministry,…
New freight route connects China and Serbia
A new freight route between China and Serbia has started operating. The route connects the Chinese province of Hebei with Serbia’s capital Belgrade. The train service aims to increase connectivity between Europe and China as part of the Belt and Road Initiative (BRI). Freight trains running on the newly established route will take twenty days…