A $40 million credit has been granted to the Kazakh private rolling stock operator “Eastcomtrans” by the European Bank for Reconstruction and Development for the acquisition of new railway wagons, this is reported by the railway transport news portal Railway Supply.

the acquisition of new railway wagons

The credit aims to support the expansion of container handling capacities at the logistics center in Zhetygen near Almaty, procure up to 250 new wagons, and maintain the existing fleet.

The credit is intended to address bottlenecks in the Trans-Caspian corridor.

As part of the project, “Eastcomtrans” will develop a strategy to promote equal opportunities for women in professions currently dominated by men and improve access to accredited training for youth.

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