site.news_by_theme Kazakhstan Temir Zholy
Head of Kazakhstan Temir Zholy reported on the results expected from the company's innovative projects at the meeting of Samruk-Kazyna group.
According to Vice President of Kazakhstan Temir Zholy, the plans are to manufacture a total of 420 railway cars to link major cities with high-velocity connections within three years.
Net profit of the KazakhstanTemirZholy (KTZ) National Railways Operator as of the end of 2011 is expected at $612.2 million.
Besides, KazakhstanTemirZholy National Railways Operator has signed agreements with other companies to rent a total of 5 500 grain railway cars.
According to the Company, the new trains will be running at 160 km per hour.
Kazakhstan is hosting its first international poker series. If the debut is successful Kazakhstan could become a Central Asian poker Mecca.
The agreement is only applicable to freights and does not cover passenger traffic.
Rates on railroad transportation will keep raising in the next three years: Kazakhstan Vice-Minister of Transport and Communications.
Kazakhstan Temir Zholy launched a new passenger train No.47/48 that is cruising between Astana and Atyrau.