The Ministry of Trade and Integration of the Republic of Kazakhstan agrees with Alstom to increase localization

Minister of Trade and Integration Bakhyt Sultanov and President, Chairman of the Board of Directors Henri Poupard Lafarge signed a Memorandum of Understanding and cooperation between MIT RK and Alstom.
The document provides for the interaction of the parties within the framework of projects aimed at promoting trade, exports, logistics, as well as the transition to a low-carbon economy.
In addition, MIT RK and Alstom have reached an agreement to carry out work on the identification of high-tech parts and components to increase the localization of production in Kazakhstan.
The Ministry of Trade confirmed its readiness to assist Alstom in the framework of trade and export development, taking into account support and service support measures and reimbursement of part of the costs of subjects of industrial and innovative activities for promotion in foreign markets, financial support measures (trade finance and insurance).

Alstom is a French multinational rolling stock manufacturer operating worldwide in the rail transport markets, active in passenger transportation, signalling and locomotives, with products including high-speed trains. Alstom is the only manufacturer of electric locomotives and switch drives in Central Asia and the Caucasus, as well as the main participant in the program for the revival of the railway industry and economic development in this region.
Alstom is represented in Kazakhstan by two joint ventures and two plants: an Electric Locomotive Assembly Plant (EKZ), engaged in the production and maintenance of electric locomotives, located in Nur-Sultan; and KazElectroPrivod (KEP), engaged in the production of switch drives, located in Almaty.
Currently, a complete assembly of freight and passenger locomotives is being carried out at the EKZ. In 2020, Kazakhstan exported 8 electric locomotives to Azerbaijan for a total of $17 million (the contract provides for the supply of 40 Prima T8 "AZ8A" locomotives to Azerbaijan Railways). Since 2012, JV CAP has a contract worth 90 million euros for the supply of 10,000 switch drives for KTZ.