Silkway Central Asia Awards $84M Tashkent Terminal EPC

TASHKENT, UZBEKISTAN – A joint venture between Kazakhstan’s PTC Holding and Uzbekistan Railways has awarded an Engineering, Procurement, and Construction (EPC) contract for a new rail terminal in the Tashkent region. The first phase of the project, one of Central Asia’s largest private infrastructure initiatives, is valued at over USD 84 million and will be delivered by China Railway Construction Engineering Group (CRCEG). The first phase is scheduled for completion in 2027 as part of a wider project running until 2030.

What Is the Full Scope of This Project?

The turnkey EPC contract covers all aspects of the project’s first phase, from design and equipment procurement to the construction and commissioning of railway infrastructure and a container terminal. The facility will be built on a 159.4-hectare site and is designed to function as a modern multifunctional logistics hub. While the initial phase is valued at over USD 84 million, the total investment value for the full project scope through 2030 has not been disclosed.

Key Project Data

How Does This Compare to Similar Projects?

The USD 84 million investment for this single-project phase highlights a focused capital deployment in Central Asian logistics. In comparison, global terminal operator DP World reported a total capital expenditure of $3.1 billion in 2025 across its entire portfolio of global projects, demonstrating the scale of investment by major international logistics firms (Source: Maritime Executive, 2026). The project is strategically designed to integrate with PTC Holding’s wider network, including the Dostyk TransTerminal on the Kazakh-China border and the Poti TransTerminal in Georgia, creating a cohesive chain along the Middle Corridor. Independent verification of this specific contract was not available in major UK or US construction data sources at the time of publication (Source: Entity Verification Data).

Editor’s Analysis

This project is a clear indicator of the deepening economic and infrastructure ties between Kazakhstan, Uzbekistan, and China, solidifying the role of the Trans-Caspian International Transport Route (TITR) as a strategic alternative to northern Eurasian corridors. The selection of a Chinese state-owned enterprise, CRCEG, for the EPC contract reinforces the implementation of the Belt and Road Initiative’s “Middle Corridor” strategy through tangible infrastructure assets. This move aligns with broader market trends showing a pivot in trade flows, evidenced by surging bauxite shipments from Guinea to China, which have increased 16% year-on-year and rely on stable, high-capacity freight corridors (Source: MarineLink, 2026).

FAQ

Q: Who owns the new Tashkent terminal project?
A: The project is being implemented by Silkway Central Asia, a joint venture specifically created for this purpose by Kazakhstan’s PTC Holding and state-owned Uzbekistan Railways (UZ).

Q: What is the total cost and final completion date?
A: The first phase is valued at over USD 84 million with a 2027 completion target. The total cost for the full project, which is scheduled to run until 2030, has not been officially disclosed.

Q: How does this terminal impact regional trade?
A: The terminal is a key node in the Trans-Caspian International Transport Route, aiming to enhance transit capacity and connect markets in China, Central Asia, the Caucasus, and Europe more efficiently, bypassing traditional northern routes.