Uzbekistan has launched the feasibility study for the Tashkent — Samarkand railway line. Trains on this route will reach speeds of up to 300 km/h, greatly cutting down travel time.
The South Korean consortium K-Rail One Team, consisting of Korail, the National Railroad Agency, SamAn, and Dongmyeong Technology Corporation, has begun working on the feasibility study for the new railway route.
A representative of the K-Rail Consortium stated, “We will focus our efforts on expanding Korean railway technology to countries around the world.”
The Ministry of Transport has confirmed the signing of documents that pave the way for the project's practical implementation.
The feasibility study is funded by the Export-Import Bank of Korea’s Economic Development Cooperation Fund.
The feasibility study is expected to be completed by March 2026. As part of the project, specialists will analyze the route, assess passenger demand, and calculate the project’s economic viability.
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A series of new appointments and reassignments have been made within the Presidential Administration of the Republic of Uzbekistan, according to a statement by Presidential Press Secretary Sherzod Asadov.
Saida Mirziyoyeva, a daughter of the Uzbek leader and former Assistant to the President, has been appointed as Head of the Presidential Administration.
Azerbaijani PM Ali Asadov highlighted the country’s strong economic growth and investment potential at the 4th Tashkent International Investment Forum.
The forum features plenary sessions, industry-focused panel discussions, B2B meetings, and a large investment exhibition.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
China and the Association of Southeast Asian Nations will send an upgraded ‘version 3.0’ free-trade agreement to their heads of government for approval in October, Chinese Foreign Minister Wang Yi said on Saturday after regional talks in Kuala Lumpur.
Germany's export slump since 2021 is largely driven by deep-rooted competitiveness issues, the Bundesbank warned in its latest report, calling for urgent structural reforms.
Israeli researchers have unveiled an artificial intelligence tool that can determine a person’s true biological age from tiny DNA samples with remarkable precision.
Two Harry Potter actresses, Emma Watson and Zoe Wanamaker, have each received a six-month driving ban after separate speeding offences, both sentenced on the same day at a Buckinghamshire court.
U.S. markets closed mostly flat Friday, capping a third winning week out of four.
U.S. President Donald Trump signed the GENIUS Act into law on Friday, creating the first U.S. regulatory framework for dollar-backed stablecoins and marking a major win for the crypto industry.
Oil prices edged higher on Friday, heading for a small weekly loss, as investors weighed new European Union sanctions against Russia.
As some top global banks scale back climate efforts, India is moving forward with mandatory rules for lenders to report and manage climate-related financial risks.
The Indian rupee is expected to open stronger on Friday, supported by gains in other Asian currencies and a temporary pause in the U.S. dollar index’s upward trend.
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