Siemens to help 'Kazakhstan Temir Zholy' modernize railroad infrastructure

According to Managing Director of Samruk-Kazyna National Welfare Fund Kairat Aitekenov, a corresponding memorandum was signed within the framework of Kazakh-German business forum.

"The document envisages establishment of a joint venture and attraction of about USD 2 billion of investments in the course of 10 years", he said.