Kyrgyzstan’s Makmal-Karakol Railway Project Attracts $3 Bn Investment

Kyrgyzstan has finalized a $3 bn agreement for the Makmal-Karakol railway project, Railway Supply reports. This will enhance the country’s transport network and strengthen trade relations in the region. The deal involves the National Investment Agency, Kyrgyz Temir Zholu National Company, and All American Rail Group Global Infrastructure Partner (AARG).

The project follows a public-private partnership (PPP) model under the Trans-Eurasian Route initiative. AARG, with expertise in railway infrastructure, will oversee the design, engineering, and management.

The $3 bn investment will improve railway infrastructure, reduce transport inefficiencies, and strengthen Kyrgyzstan’s position in global trade. According to Talantbek Imanov, Director of the National Investment Agency, the project will support long-term economic benefits through improved trade and transport systems.

AARG, established in 2022, completed over 3,000 railway projects globally, covering 2,000 kilometers of track. The company has generated $19.7 bn in revenue over the past five years.