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Rail freight rates to grow in Kazakhstan in the next 3 years

01 june 2011, 16:24
0
Kazakhstan Vice-Minister of Transport and Communications Yerkin Dyusenbayev said that railroad freight transportation rates will keep raising in the next three years, Channel 31 reports.

As per the draft law presented by the Ministry of Transport and Communications to the respective commission of the Senate, the CU (Customs Union) member-countries are planning to introduce a common rate for rail freight transportation.

“There will be a unified rate and of course it will be higher because we need to modernize our rolling stock and this requires investments. Tariffs will be raising gradually within three years, not in one 50 or 40 percent step. The rates will be growing 13-14 percent every year,” Vice-Minister said.

Currently the rate on transit freights in Russia is 1.5 times higher than local tariffs.

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