Baku, Azerbaijan, July 30
By Nargiz Sadikhova - Trend:
French multinational company Alstom and Kazakhstan Railways (KTZ) signed a Memorandum of Understanding for the development of digital technologies for the railway signaling in Kazakhstan, Trend reports with reference to the press office of the company.
“The memorandum was signed by Kanat Almagambetov, First Deputy Chairman of the Board in KTZ and Didier Pfleger, Senior Vice-President in Alstom for Middle East and Africa and Central Asia,” the report said.
Furthermore, the memorandum covers development of digital technologies for railway signaling and interlocking.
“Modernization of railways infrastructure is one of the priorities for the development of the country’s transport industry. We are confident that in partnership with Alstom, a world leader, we will launch new technologies, particularly deployment of modern signalling systems in shorter terms and at a qualitatively high level”, said Sauat Mynbayev, CEO of KTZ.
Alstom is present in Kazakhstan with around 730 people, depot, repair center and two facilities, EKZ in Nur-Sultan for locomotives manufacturing and maintenance and production of on-board transformers, and KEP in Almaty for the production of point machines. Alstom is a major contributor to the revitalization of country’s mobility industry and the development of its economy.
---
Follow the author on twitter: @nargiz_sadikh