Wabtec Secures $4.2 Billion Locomotive Order from Kazakhstan
Largest contract in company history strengthens KTZ’s role in the Middle Corridor and expands Wabtec’s presence in Eurasia.
Wabtec Corporation announced a landmark agreement with National Company Kazakhstan Temir Zholy (KTZ), the national railway of Kazakhstan, to deliver Evolution Series locomotives and provide long-term service support. The multi-year order, valued at $4.2 billion, marks the largest locomotive agreement in Wabtec’s history.
“For over two decades, our partnership with KTZ has been critical in transforming Kazakhstan’s rail industry,” said Rafael Santana, President and CEO of Wabtec. “This historic agreement embodies KTZ’s visionary approach for the country’s rail network as the primary link between Europe and Asia. By delivering advanced locomotives and long-term service solutions, Wabtec is a proud partner in Kazakhstan’s progress, helping to unlock the region’s enormous potential and developing the engineering competencies in the country’s railway industry.”
Kazakhstan represents Wabtec’s regional center of excellence, and this deal further enhances the partnership with KTZ strengthening the company’s presence and leadership as a rail technology partner and innovator in the market. The new locomotives will enhance KTZ’s ongoing rail expansion and fleet renewal and are designed to operate in the demanding weather conditions and mountainous terrain of Kazakhstan. Additionally, the next generation of Evolution Series locomotives will improve fuel efficiency and operate for longer periods between maintenance overhauls. The order also includes maintenance services agreements to support the new locomotives and KTZ’s existing railroad fleet. The services are tailored to help maximize reliability and availability of KTZ’s fleet at optimal operating costs.
"Kazakhstan plays a key role in realizing the transit potential of the Eurasian continent," said Talgat Aldybergenov, the CEO of National Railway Company of Kazakhstan Temir Zholy. "This new agreement confirms our commitment to advanced technologies in the transport sector and will also make a significant contribution to the development of industry and railway engineering in Kazakhstan."
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