Kazakh Rail Monopoly Plans to Buy 300 Locomotives Over 3 Years

AO Kazakhstan Temir Zholy National Co., the country’s state-run railroad monopoly, will buy more than 300 locomotives and about 19,000 train cars over the next three years, the Transport and Communications Ministry said.

The operator plans to repair and upgrade almost 2,000 kilometers of railroads over the period, the ministry said in a statement published on its website today.

To contact the reporter on this story: Svetlana Antoncheva in Astana, Kazakhstan at santoncheva1@bloomberg.net

To contact the editor responsible for this story: Hellmuth Tromm at htromm@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.