Kazakhstan will Modernise Rail System

Kazakhstan will Modernise Rail System
June 10, 2010 3:07 am
1.148

Kazakhstan has signed supply contracts and rail sector cooperation agreements to modernise the Kazakhstan State Railways (KTZ) system.

KTZ has signed a €70m ($83m) deal with the KTZ-Ansaldo STS Italy joint venture for supply, signalling and telecoms services for the 293km Zhetigen Korgas railway.

An agreement with Alstom and Transmash Holding has also been signed for the joint production of around 200 electric freight locomotives.

KTZ and Patentes Talgo signed a memorandum of understanding to develop fast passenger services.

A joint venture will also be formed between KTZ and Patentes Talgo to construct and maintain up to 150 Talgo vehicles a year, according to railwaygazette.com.

The European Bank for Reconstruction & Development will provide $155m to install fibre optic communications and purchase 1,000 freight wagons.

Railwaynews.net is a railway information and news platform. Website presents from all around the world railway sector news, developments, projects and tender for the sector specialists. Railwaynews supports to industry events and announced them for potential participants. Railwaynews plans to collecting data from all around the world, about railway infrastructure, rolling stock, railway transportation datum, geographical datum to present for railway professionals for short term. Railwaynews will build new platforms aims to high value railway business environment for all railway specialists, railway fans and especially railway suppliers and their decision makers. Railwaynews presents whole information from rail professionals to rail professionals.
COMMENTS

This site uses Akismet to reduce spam. Learn how your comment data is processed.

No comments yet, be the first filling the form below.