Kazakhstan and Russia to reconstruct trans-border railway

Business Materials 4 December 2013 18:37 (UTC +04:00)

Baku, Azerbaijan, Dec 4.
By Elena Kosolapova - Trend:

Russian Omsk region and Kazakh North-Kazakhstan region will restore a 100-kilometer long trans-border railway.

The parties reached this agreement at a meeting on Dec. 4.

"A direct railway between the regions will enable transportation of building materials, primarily crushed stone, as well as agricultural products," Omsk region authority's reported.

A joint action plan and regulatory framework for the project is being developed through Dec. 25.

The parties agreed to create a joint venture for the road reconstruction. The authorities of Kazakh and Russian region plans to attract investors to fund the project.