TASHKENT, Uzbekistan, November 16. The Uzbekistan—Afghanistan—Pakistan railway construction project can be implemented through Public-Private Partnership (PPP), Trend reports.
The remark was made during the meeting between Uzbekistan's Transport Minister Ilkhom Makhkamov, Uzbekistan's Deputy Prime Minister Jamshid Khojayev and representatives of Afghanistan’s government.
As per data by Uzbekistan’s Ministry of Transport, the parties have discussed the possibility of implementing the project in the Build—Operate —Transfer format.
Furthermore, negotiations covered the reduction of transportation fees and expediting the construction progress of the Uzbekistan-Afghanistan-Pakistan railway project.
Meanwhile, Build—Operate —Transfer format implies an wherein an organization engages a service provider to establish and oversee an IT or business process service delivery operation, with the contractual intention of subsequently transferring the operation to the organization as a captive center.
The Trans-Afghan Railroad is a large-scale project that will establish a direct railway connection between Uzbekistan and Pakistan through the territory of Afghanistan, providing more efficient trade and logistics.
Uzbekistan, Afghanistan, and Pakistan agreed to start building the Trans-Afghan Railway, traveling on the Termez-Mazar-Kabul-Peshawar route, in February 2021.
According to the project's estimations, the new transport corridor with a transit capacity of up to 20 million tons of goods should connect the European Union, Russia, Uzbekistan, Afghanistan, Pakistan, India, and other Southeast Asian countries.
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