KAZAKHSTAN: Speaking at the 25th meeting of the Council of Foreign Investors on May 22, President Nursultan Nazarbayev set out his vision for a 'New Silk Road' strategy to exploit the country's potential as an east-west and north-south transit hub by 2020.
Rail projects in the strategy include the completion by 2015 of an 988 km east-west railway to fill the gap between Zhezkazgan and Beineu, and a 214 km line to link Arkalyk and Shubarkol.
KAZAKHSTAN: A memorandum of understanding setting out plans to establish a US$90m diesel engine manufacturing plant in Astana was signed by GE Transportation, TransmashDiesel and national railway KTZ on May 23. The parties plan to form a joint venture which would produce around 400 Evolution Series engines a year for ...
KAZAKHSTAN: A €230m framework for Siemens to supply electrification equipment and assist with the modernisation of more than 40 traction substations was included in a series of trade agreements signed when President Nazarbayev visited Germany in February. Siemens signed the agreement with Kazakh national railway KTZ and the TemirZhol Electrification ...
KAZAKHSTAN: President Nursultan Nazarbayev opened the first section of the Almaty metro on December 1, and the Ministry of Transport & Communications has announced that funding has been secured to construct the second phase. The 8·5 km Phase 1 from Alatau to Rayimbeka has seven stations. Phase 2 will extend ...
