KTZ President estimates Arkalyk-Shubarkul railroad construction project in KZT 100 mln

KOSTANAY OBLAST. July 9. KAZINFORM /Kanat Kulshmanov/ The estimated value of the project on construction of Arkalyk-Shubarkul railroad is expected to make around KZT 100 bln, said President of Kazakhstan Temir Zholy NC JSC Askar Mamin at a briefing today.

photo: QAZINFORM

"Today we have discussed an opportunity of supplying Shubarkul coal to Arkalyk in order to reduce prices for heat power and electricity. The shortest distance between Arkalyk and Shubarkul is 248 km. We think this is the most acceptable project", A. Mamin said.

According to him the estimated value of the railroad construction is about KZT 100 bln.

As is known, within the working trip to Kostanay oblast today, Prime Minister Karim Massimov has charged to develop a technical and feasibility study of the project on construction of Arkalyk-Shubarkul railroad. He also said that on the President's instruction the Government would allocate funds for revival of Arkalyk.

The town of Arkalyk with the population of 40, 700 people (as of Apr 1, 2010) was established in 1965. The territory of the town is 15, 600 sq m.