Dostyk –Aktogai Standardisation Feasibility Study |
Kazakhstan Temir Zholy (KTZ) has approached the European Bank for Reconstruction and Development (EBRD) to assist it finance of a project to construct standard gauge track on 312 km of line parallel to the existing broad gauge railway line between Dostyk (on the border with the P.R. of China) and Aktogai (a railway junction on the line often referred to as the “TurkSib”). At present all cargoes are trans-shipped at Dostyk, but following completion of the proposed Project the transhipment point will be moved to Aktogai. The cost of the Project is expected to exceed USD 200 million. The Bank commissioned this study to undertake an independent railway sector review of the current and medium-term market and financial prospects of KTZ. |