KTZ, Swiss Stadler Rail sign manufacture and supply agreements worth $2.5 billion


Kazakhstan Temir Zholy (KTZ) signed three agreements worth 2.3 billion euros (US$2.5 billion) with Swiss Stadler Rail for the supply of 537 sleeping and couchette coaches on Dec. 14, reported International Railway Journal.

The deal also includes a contract for 20-year service maintenance.

Stadler will manufacture 234 forty-seat passenger sleeping cars, 233 couchette...