Kazakhstan’s Rail Future: Wabtec’s USD 4.2B KTZ Locomotive Deal

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Introduction

Wabtec Corporation has secured a USD 4.2 billion agreement with Kazakhstan Temir Zholy (KTZ) for Evolution Series locomotives, marking the largest locomotive order in Wabtec’s history. The multi-year contract includes long-term service and maintenance support, reinforcing Wabtec’s two-decade partnership with KTZ and solidifying Kazakhstan’s strategic role in rail transport between Europe and Asia.

Main Content

Contract Overview

The agreement between Wabtec and KTZ encompasses the supply of Evolution Series locomotives and associated long-term service and maintenance. This deal strengthens the existing two-decade partnership between the two entities. The contract is valued at USD 4.2 billion.

Strategic Significance

This agreement is critical for transforming Kazakhstan’s rail industry and supports the country’s rail network as the primary link between Europe and Asia. Kazakhstan’s location on the Eurasian continent makes it a vital transit corridor for freight between Europe and Asia. The agreement is expected to support KTZ’s rail expansion and fleet renewal program, ensuring the railway can accommodate increasing international traffic.

Locomotive Features

The next generation of Evolution Series locomotives is designed to withstand Kazakhstan’s harsh weather conditions and mountainous landscapes. The fleet will deliver improved fuel efficiency, reduced maintenance cycles, and enhanced reliability.

Service and Maintenance

The deal includes a comprehensive maintenance services agreement covering both new and existing KTZ locomotives. These services aim to improve availability and optimise operating costs across the fleet.

Conclusion

The contract between Wabtec and KTZ includes the supply of Evolution Series locomotives, alongside long-term service and maintenance solutions. This agreement is intended to support KTZ’s rail expansion and fleet renewal program and contribute to Kazakhstan’s role as a key transit corridor.

Company Summary

Wabtec Corporation: The company has signed a USD 4.2 billion agreement with Kazakhstan Temir Zholy (KTZ), the country’s national railway operator. The multi-year contract covers the supply of Evolution Series locomotives along with long-term service and maintenance support.

Kazakhstan Temir Zholy (KTZ): Kazakhstan Temir Zholy (KTZ), the country’s national railway operator, has signed a USD 4.2 billion agreement with Wabtec Corporation. The multi-year contract covers the supply of Evolution Series locomotives along with long-term service and maintenance support.

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