railways
GE to sell 150 locomotives to Kazakhstan
(SRI) - GE Transportation signed a deal to sell to Kazakhstan 150 locomotives, which will be assembled in the Central Asian country, the U.S. company said in a statement.
ANALYSIS: Kazakhstan’s railways to get $36-billion overhaul
(bne) - Kazakhstan’s national rail operator Kazakhstan Temir Zholy has outlined plans over the summer for a massive KZT5.5 trillion ($36.5 billion) modernization program, which the government hopes will turn the country into land bridge for transiting goods between China and Europe.
KZT35 billion to be attracted into concession projects in railway industry in 2009
(KazTAG) – The Ministry of Transportation and Communication plans to attract KZT35 billion (USD292 million) in 2009 for concession projects in the railway industry, according to the ministry’s press release.
“The three projects, which already started, will attract KZT35 billion in investments, KZT54 billion in 2010, and KZT47 billion in 2011,” according to the press release.
Canada’s Bombardier may start manufacturing railcars in Kazakhstan
(SRI) - Kazakhstan’s Ministry of Transportation is considering cooperation with Canada’s Bombardier in railway transportation and civil aviation, Interfax reported on Thursday.
ANALYSIS: Kazakh rail on track for private money
Private sector involvement in the development of the infrastructure sector is a key objective for the Kazakh government in its quest to create a network of roads and reilways and become an important link in the transfer of goods and resources between China and Europe.
