ADB to finance the construction of power transmission lines from Uzbekistan to Afghanistan

BUSINESS 12:23 / 23.10.2020 867

During the event, an agreement was signed between the Islamic Republic of Afghanistan and the Asian Development Bank (ADB) on financing the construction of the “Surkhan-Puli-Khumri” power transmission line for $110 million, the MIFT press service reported.

It is noted that most of the funds will be used for the construction work that are planned to be carried out by Uzbek contractors. The corresponding contract for the construction of this power line between JSC National Electric Networks of Uzbekistan and “DA Afghanistan Breshna Sherkat” will be signed in the near future.

The direct dialogue between the heads of relevant ministries and agencies made it possible to discuss the key issues on the agenda, to reach mutually acceptable solutions and agreements on cooperation in different areas, outline further practical actions to implement joint initiatives and formulate a preliminary list of measures to be included in the joint Roadmap of multifaceted cooperation between Uzbekistan and Afghanistan,” the Ministry added.

During the expanded meeting, the participants expressed their confidence that the agreements reached within the framework of the event would give an effective impetus to bilateral cooperation and would contribute to the strengthening of sustainable development in Central Asia.

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