China-Kazakhstan high-speed railway contract sealed

08:39, February 23, 2011      

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China and Kazakhstan will jointly build a high-speed railway connecting the central Asian nation's cities of Astana and Almaty, with the project to be completed in 2015, Askar Mamin, the president of Kazakhstan Railways, said yesterday in Beijing.

Trains on the 1,050-kilometer-long double-track planned line connecting Kazakhstan's capital Astana with its biggest city Almaty will run at a maximum speed of 350km per hour, serving 5 million passengers annually, said Mamin, adding that a memorandum of understanding has been signed with China's railways. The line will use the most advanced Chinese technology and new-generation locomotives and cars.

Kazakhstan President Nursultan Nazarbayev arrived in Beijing on Monday for a three-day state visit.

The two nations also signed a contract worth several billion dollars for long-term Kazakhstan supplies of uranium to China, part of a cooperation program with Guangdong Nuclear Power Co, Kazakhstan's Samruk-Kazyna National Welfare Fund Chairman Kairat Kelimbetov told the Kazinform news agency.

Source: Shanghai Daily/Agencies

The two sides also agreed on a US$1 billion plan for the Export-Import Bank of China to finance construction of an oil refinery in the Kazakh city of Atyrau, Kelimbetov said.

Source: Shanghai Daily
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