Kazakhstan has cancelled Kazakh Railways’ freight price hikes. Earlier, the planned price increases led to dismay among Kazakh businesses due to worries about their competitiveness. Roman Sklyar, deputy Prime Minister of Kazakhstan, cancelled the increase of so-called price limits for Kazakh Railways (KTZ). The price limits are used to calculate fees for transporting freight on…
Category: KTZ
Kazakh exporters worried as KTZ plans another fee hike
Kazakh Railways (KTZ) wants to raise its fees for rail freight. The rail operator and infrastructure manager points to its outstanding debt as the culprit for a potential price hike. KTZ earlier received criticism for frequently raising its fees. Kazakh exporters are worried about their competitiveness. KTZ applied to the Kazakh Ministry of National Economy…