ArcelorMittal Poland is preparing a new R400HT rail grade for heavy-haul and cold-climate routes. Qualification tests are due to finish this year, with a first delivery to Canada under discussion.
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China to pour at least $2.3 billion for line to Kyrgyzstan-Uzbekistan
- Nikos Papatolios
- June 20, 2024
- 0
The financing agreement details of the China-Kyrgyzstan-Uzbekistan (CKU) line have been revealed. The project is expected to cost 4.7 billion US dollars in total. According to Kyrgyz railway officials, China is expected to fund 51 per cent of the project’s costs with a loan of 2.3 billion US dollars. Kyrgyzstan and Uzbekistan will need to…