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IDB to finance construction of Turkmenistan-Tajikistan-Afghanistan railroad

Business Materials 25 May 2013 09:34 (UTC +04:00)
The Islamic Development Bank will finance implementation of the Turkmenistan-Tajikistan-Afghanistan railway project, the Turkish news agency Cihan reported on Thursday.
IDB to finance construction of Turkmenistan-Tajikistan-Afghanistan railroad

Azerbaijan, Baku, 23 May / Trend A.Taghiyeva /

The Islamic Development Bank will finance implementation of the Turkmenistan-Tajikistan-Afghanistan railway project, the Turkish news agency Cihan reported on Thursday.

Such a statement came from the bank's president Ahmed Mohammed Ali, who takes part in the 38th meeting of the IDB Board of Governors in Dushanbe.

"This is a very important regional project. We are sympathetic to the implementation of such projects," Ali said.
According to the bank's president, Turkmenistan has launched the construction of the railway on its territory. In the near future, the IDB managers will sit down at the negotiating table to discuss funding for construction of the railway on the territory of Tajikistan, Ali said.

This large-scale project was launched at the trilateral meeting of the heads of Tajikistan, Turkmenistan and Afghanistan, held on March 20 in Ashgabat. Following the meeting, a memorandum of understanding was signed.

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