Eastcomtrans secures a USD 40 million loan from the European Bank for Reconstruction and Development (EBRD) for the expansion of its Zhetygen logistical center near Almaty, Kazakhstan. As the country’s largest private rolling stock operator, Eastcomtrans plans to utilize the funds to acquire up to 250 new rail cars, maintain its existing stock, and enhance the pivotal logistics hub’s capabilities. Positioned near the largest municipality in Kazakhstan and in proximity to the Chinese border, the upgraded center will play a crucial role in the Trans-Caspian Corridor, facilitating smoother cargo traffic and meeting the rising demand for freight services in the region amid anticipated growth in trade volumes between Asia and Europe.
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