Kazakhstan Development Bank to fund fibre-optic communication lines project

ASTANA. KAZINFORM Kazakhstan Development Bank provides financing of the Transtelecom JSC project to build a hardware-software complex and a communication platform for the railway industry, its press service said.

photo: QAZINFORM

The bank's credit line to the amount of KZT 25 bln will significantly expand the current communication channels and increase data transfer speed. 10,965 km of fibre-optic communication lines will be built and modernized in view of actual needs of Kazakhstan Temir Zholy National Company, the statement reads.