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WEDNESDAY, June 19, 2013
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Central Asia / Economy

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KTZ to purchase 19,000 freight cars by 2015

Railways.kz
KTZ plans to expand its rolling stock

Thursday, May 10, 2012 - Kazakhstan Temir Zholy (KTZ), Kazakhstan’s state-operated railways firm, is planning to purchase 19,000 freight cars in an effort to modernize and improve the rail network, the state-run corporation said on Thursday.

An agreement stipulating the terms of the expansion of locomotives and other cars was signed by KTZ President Askar Mamin and Kazakh Transport and Communications Minister Askar Zhumagaliyev.

The plan also calls for the purchase of 300 locomotive cars, KTZ says.

Purchase of the rolling stock will be split somewhat evenly over the next three years. In 2012, the firm aims to buy 14,737 freight cars and 134 locomotives. In 2013, the stock will be expanded by 1,784 freight wagons and 93 locomotives. Finally, KTZ plans to purchase 2,410 freight cars and 98 locomotives.

The notice did not specify from where the rolling stock will be purchased.

Work to create an automated management system will also continue, the document says.

KTZ will also undertake maintenance on 1,242 miles of rail to improve the speed of the delivery of goods.

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