Government considers key approaches of Kazakhstan Temir Zholy transformation

Prime Minister of the Republic of Kazakhstan Alikhan Smailov held a meeting on the transformation of NC Kazakhstan Temir Zholy JSC into the national transport and logistics company being implemented on the instructions of the Head of State, El.kz cites primeminister.kz.

Nurlan Sauranbayev, the Chairman of the Board of KTZ, presented the plan of forthcoming transformation which should expand the activity of the company in logistics segment, in particular in development of international transit routes and regional trade hubs.

Thus, KTZ will organize multimodal transportation involving rail, road and sea transport, as well as the provision of logistics services in the places of cargo formation abroad through the development of a network of terminals.

This is expected to give an impetus to the development of transnational transport corridors, the formation of new logistic chains and open up additional opportunities for domestic business.

t was noted that the company will continue to work to improve the efficiency of its core business.

Prime Minister approved the approaches to the transformation of KTZ, and instructed to analyze existing commercial flows and to work in detail on the development of regional trade hubs.

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