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Kazakhstan Temir Zholy intends to raise loan totaling 162 6 bln tenge to upgrade railway carriage fleet

ASTANA. April 28 (Interfax-Kazakhstan) - It is expected that in the near future State Fund Samruk-Kazyna, which controls Kazakhstan Temir Zholy (KTZ), the Kazakh Ministry of National Economy and Finance Ministry will sign a loan agreement, under which 162.6 billion tenge will be provided as planned for this year from the government budget to KTZ and further funding will be provided as the marketing and assembly of carriages goes ahead, the press service of the national rail carrier said in a statement.

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