(MENAFN- Trend News Agency) BISHKEK, Kyrgyzstan, April 18 . KyrgyzstanRailways, a state enterprise, generated a net profit of 2.628billion soms ($29.415 million) from transportation services in2023, Trend reports.
The business claims that this figure has doubled since 2022 the reporting period, tax payments totaling 754.331 millionsoms ($8.442 million) were sent to the country's republican budget,exceeding the 2022 level by 213.842 million soms. The figure for2022 was 540.489 million soms ($6.049 million).
Furthermore, 515.661 million soms ($5.771 million) were sent tothe Social Fund in 2023, representing a 41.878 million soms($468,696) increase over the previous year's transfer of 473.783million soms.
Furthermore, in 2023, a state-owned firm moved 9.367 milliontons of freight and 247,000 people.
According to the State Statistical Committee of Kyrgyzstan, thevolume of goods transported by all modes of transport in Kyrgyzstanamounted to 51.033 million tons in 2023, increasing by 6.8 milliontons, or 15.3 percent, compared to 2022.
Passenger transportation by all modes of transport in Kyrgyzstanamounted to 574.708 million people in 2023, which is an increase of9 percent compared to 2022.
Kyrgyz Railway runs approximately 320 kilometers of single tracklines (for a total track length of 428 kilometers). After theSoviet Union disbanded, Kyrgyz Railways acquired 2,500 freightvehicles, 450 passenger carriages, and 50 locomotives from theSoviet railways. However, the 1998 financial crisis significantlycurtailed expenditure on trains. The current rail network is basedon the legacy from the former Soviet Union, and so has a broadgauge of 1,520 mm.
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