Kamkor Lokomotiv and the Akmola Region have signed an agreement for the construction of a locomotive assembly plant in Atbasar, in northern Kazakhstan. The agreement has been signed on August 12, 2024, in Kokshetau city.
KZT 47 billion (USD 106.6 million) is the value of the private investment project.
The implementation of the project will begin by the end of 2024. According to the upcoming plans, a feasibility study is being developed this year. The plot of land has already been determined. The construction of the locomotive plant will begin in 2025, and the first locomotive is expected to roll off the assembly line at the end of 2026.
800 people will be employed at the enterprise during the period of operation and construction of the project.
“The future locomotive assembly plant will meet all modern requirements, and we will produce locomotives with both diesel and electric traction, with an emphasis on environmentally friendly, through the transition to liquefied gas,” Altai Zhumataev, the General Director of Kamkor Lokomotiv said.
According to the Akmola Region, the annual capacity of the new plant is expected at 360 locomotive sections.
“The construction of the plant is being carried out within the framework of the order of the Head of State. The project provides a new stage of development not only for the industry, but for the entire region, including the creation of new jobs,” the Akim of the Akmola region Marat Akhmetzhanov said. He also emphasised that “the city of Atbasar is a railway junction with a long history and should become a transport hub for railways.”
The Kamkor Lokomotiv is the largest enterprise in Kazakhstan that provides services and technical maintenance, overhaul of locomotives and specialised rolling stock, as well as repair of locomotive equipment, including wheelsets, electric machines, and other components of traction with a workforce of about 5,000 people.
The company is represented by a wide network of production branches consisting of 11 branches, 2 service centres and 2 production sites, geographically and logistically covering all regions of Kazakhstan.
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