KTZ plans stock market entry

Kazakh Railways: plans to go public, international growth and a pilot to Belgium

The KTZ HQ in Astana, Kazakhstan. Image: Shutterstock © MaxZolotukhin

The past week has been loaded with news relating to Kazakhstan’s national rail operator, Kazakh Railways (KTZ) and its freight subsidiary, KTZ Express. The latter has seen considerable growth in its transport volumes and has launched a pilot route to the Antwerp port in Belgium. Most notable, however, is the news that KTZ plans to go public with an Initial Public Offering (IPO).

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Author: Dennis van der Laan

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