Thursday, August 29, 2013

Foreign Firm to Survey Afghan-Tajikistan-Turkmenistan Railway Project

http://tolonews.com/
The Afghan Ministry of Public Works (MoPW) on Thursday said that a foreign company would soon begin an assessment the Afghan leg of the Afghanistan-Tajikistan-Turkmenistan railway project. The MoPW refused to reveal the name of the company, which just recently won the bid to survey to project, until the Asian Development Bank (ADB) had vetted and approved the firm for contracting. The company's documents were sent to the ADP office in the Philippines this week. "The Asian Development Bank has always helped Afghanistan in carrying out several infrastructural projects," said Nurgul Mangal, the Deputy Technical Minister of the MoPW. "The Bank has committed to fund a part of the project, and the assessment of will begin soon after the firm is approved." Mr. Mangal said that his Ministry tentatively approved the foreign company to evaluate the technical and financial modalities of the Afghan section of the transnational railway construction following a competitive bidding process. The 550 KM railway line is intended to be completed in a span five years. The entire project is estimated to cost approximately $960 million, much of which will be provided by the ADB. In addition to the Afghanistan-Tajikistan-Turkmenistan railway project, recently, President Karzai and Pakistani Prime Minister Nawaz Sharif agreed to establish a railway line between their two nations to better facilitate travel, trade and commerce.

No comments: