Kazakhstan intends to invest USD 40 billion in transport projects in by 2020 as part of the project to transform the country into a logistics and transit hub in the Eurasian continent. “By 2020 we plan to implement projects with a total amount of investments around USD 40 billion, aimed at removing all
Central Asia Railway Data & News
The first KZ4AT passenger locomotive, jointly developed by Alstom and Transmashholding and delivered to Kazakh Railways by EKZ, has entered commercial service on the Astana-Kokshetau line. Two other locomotives, currently performing dynamic tests in Kazakhstan, are to be delivered in 2015. The one-section alternative current passenger locomotive KZ4AT has been
Kazakhstan Railways (KTZ), the largest subsidiary of Sovereign Wealth Fund «Samruk-Kazyna», has tendered 35 subsidiaries and affiliated organizations, as part of the second wave of the privatization programme carried out by the fund. Since the beginning of the assets sale in 2014, KTZ has sold 14 subsidiaries and affiliated organizations, for more than
In his speech at Council on Foreign Relations, Afghan President Ashraf Ghani underlined the country’s key priority to invest in developing its railway infrastructure in order to facilitate freight transport from Central Asia to China and to transport its mineral resources – iron, copper, and gold. “Just one of our cities is linked (by rail) to our
Afghanistan’s Ministry of Public Works has renewed the three-year contract with Uzbekistan Railways for the operation, maintenance and management of Hairatan – Mazar-i-Sharif railway line – with 75 km of main line and 63 km of loop line- , in northern Afghanistan. The value of the contract is USD 19 million/year, regardless of the volume of
Russian rolling stock manufacturer UralVagonZavod Research and Production Corporation and Azerbaijan Railways (Azərbaycan Dəmir Yolları QSC) signed a contract for the supply of 2,900 freight wagons. The freight wagons to be delivered are universal gondolas, grain cars, tanks for transportation of oil and oil products, hopper cars for cement and other types. According
Representatives from 30 international transport stakeholder organisations met at OECD headquarters in Paris on 12 February for the ITF’s Annual Consultation Day with International Organisations. This annual process is an important component of the preparations for the 2015 Summit on “Transport, Trade and Tourism”. The 2015 Summit will take place
The Coordination Council of the participating countries of “Ashgabat Agreement” has accepted Kazakhstan’s accession to the international transit and transport corridor “Uzbekistan-Turkmenistan-Iran-Oman”. Ashgabat Agreement is a transit agreement established in year 2011 between countries of Uzbekistan, Iran, Turkmenistan and Oman. The economic advancement of China, Central Asia, Iran and other Persian Gulf
The World Bank’s Board of Executive Directors has approved a USD 195 million IBRD (the International Bank for Reconstruction of Development) loan for the Pap-Angren Railway Project in Uzbekistan. The project development objectives are to reduce transport costs and to increase transport capacity and reliability through the construction of a rail
Uzbekistan Railways plans to invest up to USD 672.7 million in 2015, a 15% increase compared with the previous year. Uzbekistan Railways will get investment capital from the Fund for Reconstruction and Development of Uzbekistan (USD 150.5 million). USD 163.7 million in loans will be obtained from international financing institutions and USD 358.5 will be provided from
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