300 locomotives to be manufactured by US company for Kazakhstan

According to the Akorda press-service, "General Electric" (GE) and "Kazakhstan Temir Zholy" (KTZ) have concluded two new strategic initiatives for the amount of almost 900 million dollars.

These measures will create 3.500 jobs in the United States. Thus, "General Electric Transport" will develop and produce up to 300 coupling locomotives for KTZ, which will be delivered in 2019.

"General Electric Transportation" also signed an 18-year agreement to provide services for the maintenance and support of 175  "General Electric Evo" passenger locomotives of "KTZ", starting in 2018.

"The deal will include the expansion of the main railway production of KTZ in Astana", says the official document.

We note, following the talks between the Heads of Kazakhstan and the United States, a number of commercial contracts and documents were signed in the White House.