Railway construction agreement doesn’t answer all the questions, especially about financing.
Upstream nation sets out to become a regional energy hub based on hydro. The battle to find billions in funding has begun.
At special forum in Vienna, ministers present financial institutions with ambitious projects that could power growth across Central Asia.
Pakistani petroleum minister outlines proposal at energy symposium. Says TAPI pipeline could be completed solely with Islamabad and Ashgabat funding.
Beijing appears deterred by cost and geopolitical considerations, but if realised “CKU” would open up shortest China-Europe rail route.
Since Russia lost leverage in the region after invading Ukraine, many countries have sought to fill the gap. In terms of pledged capital, the Arab nations have become big players.