Investments under discussion for quite some time have been made official in Kazakhstan. As the Kazakh government announced, the Caspian Sea ports of Aktau and…
Category: Kazakhstan
Kazakhstan considering the privatisation of Kazakh Railways
Kazakhstan is considering the privatisation of Kazakh Railways (KTZ). The company is not doing well financially, which has led the transport ministry to discuss alternative structures. Moreover, infrastructure management will likely be removed from KTZ’s portfolio. Marat Karabayev, Kazakhstan’s transport minister, stated that officials are discussing a privatisation of KTZ. The Kazakh rail operator and…
Nurminen Logistics and Kazakhstan eye joint Middle Corridor investments
What started as a regular service cooperation in late 2022 is now ready to upgrade into a full partnership aimed at rail investments. Nurminen Logistics and the Government of Kazakhstan, represented by Foreign Affairs Minister Murat Nurtleu, are discussing the possibilities of improving the Middle Corridor. Their negotiations entail the possibility of launching joint investment…