Wabtec Finalizes $405-Million Locomotive Deal with Kazakhstan Temir Zholy
“Kazakhstan has a progressive and open-thinking local government that understands the importance of railways in driving the local economy,” said Gokhan Bayhan, Wabtec’s Regional Senior Vice President, Operations for CIS,
The locomotive features a 12-cylinder, 4,500-horsepower Evolution Series engine, which provides a high horsepower and low life-cycle costs, improving performance in heavy-haul operations. It is designed to operate in the demanding extreme weather conditions and mountainous terrain of
The new locomotives will be built at Wabtec’s Lokomotiv Kurastyru Zauyty plant in Astana. The plant meets all global quality standards, such as MC ISO 9001-2015, and employs over 700 people.
“This order builds upon Wabtec’s strong relationship with KTZ to transform Kazakhstan’s rail industry,” said Bayhan. “For more than 20 years, we have been working together to position the country as a rail hub in the CIS region. Our companies continue to explore opportunities that improve the fleet and overall efficiency of the rail ecosystem.”
Wabtec will begin delivering the first locomotives from the order next year. The new additions will join a fleet of approximately 451 Evolution Series freight locomotives already operating in KTZ’s fleet.
About Wabtec
Wabtec Corporation (NYSE: WAB) is focused on creating transportation solutions that move and improve the world. The company is a leading global provider of equipment, systems, digital solutions and value-added services for the freight and transit rail industries, as well as the mining, marine and industrial markets. Wabtec has been a leader in the rail industry for over 150 years and has a vision to achieve a sustainable rail system in the
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Source: Wabtec