Transport Minister Ilkhom Makhkamov held talks with the head of the representative office of the Korean Eximbank in Tashkent, Sangjin Kang, the UzA agency said today.
During the meeting, Sangjin Kang provided information on the progress of the project to purchase 6 Hyundai Rotem high-speed electric trains for Uzbekistan Railways.
Plans to purchase the 6 high-speed trains, as well as 30 electric trains from the Czech Skoda, were announced in October 2023.
The project is set to be financed with a loan from the South Korea Economic Development Fund (EDCF). The 185 million-euro loan at 0.1% interest rate was termed for 35 years.
