Enjoy Popular Confidence! Trilateral Countries Intensively Voice For The China Kyrgyzstan Uzbekistan Railway - This Shortest Freight Railway Line Across Asia, Europe And The Middle East Will Benefit Many Listed Companies
Jun 11, 2022| Enjoy popular confidence! Trilateral countries intensively voice for the China Kyrgyzstan Uzbekistan Railway - this shortest freight railway line across Asia, Europe and the Middle East will benefit many listed companies
Recently, after the leaders of Kyrgyzstan and Uzbekistan announced in public that the construction of the China Kyrgyzstan Uzbekistan Railway will start next year (2023), the national development and Reform Commission of China also issued a news on June 6, confirming this. State Councilor and foreign minister Wangyi met with foreign minister kurubayev of Kyrgyzstan during the third foreign ministers' meeting of "China + five Central Asian countries" in Nursultan on June 8. Both sides agreed to promote the preparation for the construction of the China Kyrgyzstan Uzbekistan Railway and complete the project feasibility study as soon as possible.
At the trilateral working level video conference on the China Kyrgyzstan Uzbekistan Railway held on June 2, the persons in charge of the foreign investment department of the national development and Reform Commission exchanged in-depth views with the persons in charge of the Ministry of transport of Kyrgyzstan and the Ministry of transport of Uzbekistan on promoting the cooperation of the China Kyrgyzstan Uzbekistan Railway Project. Representatives of the basic Department of the national development and Reform Commission, the Ministry of foreign affairs, the State Railway Administration, the State Railway Group, China Railway Consulting Corporation, China Railway First Design & Research Institute and other units, as well as representatives of competent departments and units such as the Ministry of transport of Kyrgyzstan and the Ministry of transport of Ukraine attended the meeting.


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Common expectation of China, Kyrgyzstan and Uzbekistan State Councilor and foreign minister Wangyi met with foreign minister kurubayev of Kyrgyzstan during the third foreign ministers' meeting of "China + five Central Asian countries" in Nursultan on June 8. The two sides agreed to establish a local communication and contact mechanism, study the issue of adding ports, and ensure the continuous flow of goods through existing ports; Promote the preparation for the construction of the China Kyrgyzstan Uzbekistan Railway and complete the project feasibility study as soon as possible; Mutual establishment of cultural centers; Facilitate personnel exchanges. Multiple benefits 1. Opening up China's oil import source The completion of the China Kyrgyzstan Uzbekistan Railway will improve the southern route of the new Eurasian Continental Bridge and form a convenient transportation channel from East Asia and Southeast Asia to Central Asia, West Asia, North Africa and southern Europe; It will broaden the transportation scope of the new Eurasian Continental Bridge and improve the status of the new Eurasian Continental Bridge in international transportation; It will change the traffic pattern of Xinjiang and even the whole western region of China, and accelerate the pace of western development; It is conducive to the development and utilization of oil in Central Asia and the Caspian Sea, and is of great significance to open up new oil import sources and adjust China's energy development strategy. 2. Benefit from multiple listed companies According to the analysis of insiders, some listed companies are expected to benefit from the construction of China Djibouti Uzbekistan Railway. Juli sling (002342) is the leading sling manufacturer in China. At present, it has obtained ISO9001 international quality system certification. Its products are exported to Europe, the United States, the Middle East, Africa, Australia, Japan, South Korea, Southeast Asia and other countries and regions; In recent years, it has participated in the construction of international key projects for many times, such as the main stadium of Qatar world cup, China Pakistan Economic Corridor, ya'an-wanzhou railway, Hungary Serbia railway, China Djibouti Uzbekistan Railway, etc; In 2015, the wholly-owned subsidiary of Shangfeng cement (000672), Shangfeng building materials, invested 700million Kyrgyz to build a cement production line. After the project is put into operation, it will radiate to Bishkek, the capital of Kyrgyzstan, Chuhe Prefecture and the surrounding areas of Almaty, Kazakhstan; Qingsong Jianhua (600425) benefited from the infrastructure construction in southern Xinjiang and actively distributed the foreign market. In 2014, it signed two letters of intent for cement export with Kyrgyzstan, with a signed capital of US $11.6 million. 3. Promote Eurasian Economic connectivity Some media commented that the completion of the China Kyrgyzstan Uzbekistan Railway will be more significant to the current Eurasian Economic connectivity. For more information, pls feel free to contact us.


