American Company to Sell KTZ New Locomotives
DALL-E neural network
Kazakhstan Temir Joly will purchase new locomotives from the American company Wabtec for 405 million dollars, Orda.kz reports, citing Business Wire.
Wabtec notes that the new locomotives will help update KTZ's aging fleet.
KTZ serves as a critical link for the transportation of freight between China and the West. These Evolution Series locomotives will provide the efficiency, reliability, and operational savings to effectively support the growing demand on the Trans-Caspian International Transport Route, commented Gokhan Bayhan, Wabtec's Senior Regional Vice President for Operations in the CIS, Europe, Middle East, and Africa.
The new locomotives are well suited to extreme weather conditions and are adapted to mountainous terrain. They can operate longer, potentially strengthening Kazakhstan's role as a transport hub.
Although the locomotives will be produced by an American company using its technologies, they will be assembled in Kazakhstan at the JSC Lokomotiv Kurastyru Zauyty plant in Astana.
The plant complies with all international quality standards, such as MC ISO 9001–2015. The company employs more than 700 people, Wabtec reports.
Deliveries of new locomotives will begin in 2025. They will replenish the KTZ fleet, which includes 451 Evolution series locomotives.
In February 2024, it was reported that KTZ's locomotive fleet was planned to be significantly updated. Wabtec now fully controls JSC Lokomotiv Qurastyru Zauyty.
Wabtec previously owned half of the shares in parity with the Russian JSC Transmashholding.
Transmashholding left Kazakhstan due to sanctions, allowing the American company to buy out its enterprise share fully. In September 2022, KTZ signed a memorandum of understanding with Wabtec.
The Americans may face competition in the Kazakh market. The Astana-registered Qamqor Lokomotiv, a company with ties to Russia, also operates in this sector. It announced plans to build a large plant in the Aqmola region in August.
Original Author: Alexandra Mokhireva
Latest news
- Mother Questions Official Account of National Guard Conscript’s Death in Oral
- KazTransOil to Boost Oil Supplies to Kyrgyzstan, Resume Transit to Uzbekistan
- Russian Teen Who Fled to Kazakhstan to Escape War Faces Deportation
- Lawyer Comments on Gulnara Bazhkenova's House Arrest Conditions, Appeals to International Organizations
- Kazakhstan Marks Independence Day, Remembering the Tragic December Events of 1986
- Kremlin Spokesperson Says Ukraine’s Non-NATO Status Is Central to Peace Talks
- Kcell Receives Certification for Information Security
- Uzbekistan Aims to Halt Gas Production Decline by 2026 With New Fields
- Kyrgyzstan: Culture Ministry Denies Reports of Ban on Valery Meladze Concert
- Kazakh Ophthalmologist Wins International Honors at Hong Kong ICT Awards 2025
- Kazakhstan: Construction Industry Urges for Return to Previous Time Zone
- KTZ Spends 79 Million Tenge on New Workwear After Complaints From Mangystau Employees
- Armenian Defense Minister Says Situation Calm Along Border With Azerbaijan
- Zelenskyy Signals Ukraine Could Forego NATO Membership in Exchange for Security Guarantees
- Kazakhstan Says Damage From Drone Attack on CPC Facility Still Being Assessed
- Kazakhstan May Build Planned Thermal Power Plants Independently Amid Delays in Russian Financing
- Expert Warns Sale of Transtelecom Stake Overlooks Kazakhstan’s National Security Risks
- Kazakhstan Says Alternative Oil Export Routes Are Available Amid CPC Infrastructure Issues
- Former Foreign Ministry Spokesman Aibek Smadiyarov Appointed Head of Domestic Policy Department
- Kadyrov Says He Is Ready to Run Again as Chechnya’s Head in 2026
