Turkmenistan to Purchase 500 Railway Carriages from UK
Friday 10 August 2012
(Turkmenistan.ru) – Turkmenistan will buy 200 Breyk Taim Club LLP for oil transport and 300 Stock Plaza LLP to transport cement and fertilizers.
The Ministry of Railway Transport of Turkmenistan will sign a contract with the British company Stock Plaza LLP for the purchase of 300 special freight cars for transportation of cement and mineral fertilizers.
Another contract will be signed with Breyk Taim Club LLP for the purchase of 200 special cars for transportation of oil products.
The Government of Turkmenistan signed a multilateral agreement in October 2007, with Kazakhstan and Iran to construct new railway tracks to develop the North-South railway corridor. This is the region’s key route for transporting bulky goods, such as oil and oil products, mineral resources, agricultural products and textiles.
This north-south railway line will improve Turkmenistan’s accessibility to Kazakhstan, the Persian Gulf countries, the Russian Federation, and South Asia. It will also increase regional trade. The project will contribute to sustainable economic growth in Turkmenistan and the development of an integrated and efficient railway system in the region. The project will reduce transport costs, cut travel times and improve accessibility to rural areas of the country. This will generate benefits beyond savings in railway transport costs and time.