Kazakhstan Seeks $135 Million Loan for Railway Construction to Uzbekistan

Kazakhstan plans to secure a loan of up to $135 million (60.8 billion tenge) from the Asian Infrastructure Investment Bank (AIIB) to finance the Darbaza-Maktaaral railway line. Construction began in March 2024, with 78% completed as of July 2026. The project aims to reduce the load on existing rail corridors and expand freight transport and transit trade between Kazakhstan and Uzbekistan. The loan is pending AIIB approval.

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