Moody’s assigns (P)Baa3 to Kazakhstan Temir Zholy’s proposed notes

Moody's assigns (P)Baa3 to Kazakhstan Temir Zholy's proposed notesMoody’s Investors Service has today assigned a (P)Baa3 with stable outlook to the proposed USD-denominated Notes to be issued by Kazakhstan Temir Zholy Finance B.V. (“KTZ Finance”), a finance company incorporated in the Netherlands and jointly owned by JSC National Company Kazakhstan Temir Zholy (“KTZ”) (99.64%) and by its subsidiary, JSC Kaztemirtrans (“Kaztemirtrans”) (0.36%). The outlook is stable.

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New agreements signed within VII Forum of Inter-Regional Cooperation between Kazakhstan and Russia

New agreements signed within VII Forum of Inter-Regional Cooperation between Kazakhstan and RussiaFollowing the results of the plenary session of the VII Forum of Inter-Regional Cooperation between Kazakhstan and Russia heads of executive power of East Kazakhstan, Novosibirsk Oblast and Altai Krai Berdybek Saparbayev, Viktor Tolokonsky and Alexander Karlin have signed new agreements in trade-economic, scientific-technical and cultural cooperation in the presence of presidents Nursultan Nazarbayev and Dmitry Medvedev today.

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GOVERNMENT: Weekly Review. Fight with wildfires in spotlight of Kazakh Government. PM held session to discuss ‘SamrukKazyna’ Fund’s H1, 2010 results

GOVERNMENT: Weekly Review. Fight with wildfires in spotlight of Kazakh Government. PM held session to discuss 'SamrukKazyna' Fund's H1, 2010 resultsBesides reduction of harvest, the hot and dry summer of 2010 caused one more problem – wildfires, the total area of which reached 4 thousand hectares. Vice Minister of Emergencies Valery Petrov said it at the Government’s telephone conference on Monday.

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Kazakhstan mining and metallurgical industry enters new stage of development – Vice Minister of Industry and New Technologies N. Abdibekov

Kazakhstan mining and metallurgical industry enters new stage of development - Vice Minister of Industry and New Technologies N. AbdibekovOvercoming the global crisis quite successfully Kazakhstan is on the way to a new level of development. In recent Address to the Nation New Decade – New Economic Growth – New Opportunities for Kazakhstan President Nursultan Nazarbayev stressed that a new stable development of the country in the upcoming decade must be ensured through accelerated diversification and raising competiveness of the national economy.

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K. Kelimbetov: Conclusion of promising contracts with foreign investors – new stage in implementation of industrial-innovative development program

K. Kelimbetov: Conclusion of promising contracts with foreign investors - new stage in implementation of industrial-innovative development programConclusion of promising contracts with foreign investors is a new stage in the country’s economic development within the industrialization program, Chairman of SamrukKazyna National Welfare Fund Kairat Kelimbetov said at the IV Kazakhstan Investment Forum in Almaty today.

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Moody’s confirms KTZ’s and Kaztemirtrans’ ratings; outlook stable

Moody's confirms KTZ's and Kaztemirtrans' ratings; outlook stableMoody’s Investors Service has today confirmed JSC National Company Kazakhstan Temir Zholy’s (“KTZ”) Baa3 issuer rating and the Baa3 rating of the senior unsecured eurobonds, amounting to USD800 million, issued by Kazakhstan Temir Zholy Finance B.V., a special purpose financial company, and guaranteed by KTZ and its operating subsidiaries.

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GE Signs Agreement for 150 Shunter Locomotives in Kazakhstan

GE Signs Agreement for 150 Shunter Locomotives in KazakhstanGE Transportation announced today the next milestone in its long-term commitment to develop the railway infrastructure in the Republic of Kazakhstan by signing a Memorandum of Understanding with Kazakhstan’s Joint Stock Company Locomotiv (JSC Locomotiv) and Joint Stock Company Kurastyru Zauty (JSC LKZ) for 150 shunter locomotives.

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