ADB suspends TAT railway funding

According to a news report, on 15 December 2015 the Asian Development Bank’s Country Director for Tajikistan, Si Si Yu, told reporters that ADB had suspended its financial support for the construction of the Turkmenistan-Afghanistan-Tajikistan railway owing to security risks.1

“Although Turkmenistan has completed construction of its section of the railway, we do not intend to finance construction of a railway in country where (Afghanistan) security is not guaranteed,” Yu said. “It’s very risky.” He said the ADB would “probably” return to the project “when the security situation in Afghanistan improves.”

I can’t spot any other reports on this, or an official announcement from ADB.

References

  1. ADB cuts support for construction of Afghan railway, Harun Varlı, Videonews, 16 December 2015

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