Vagonservis JSC

Acquisition of railroad passenger cars

Transport, logistics, communications

Funding status: Guarantee status: assimilated

Information about Vagonservis JSC

Project name Acquisition of railroad passenger cars
Project description Acquisition of 28 Talgo railway passenger cars, five eight-wagon electric trains and 52 railway passenger cars. Providing the national carrier with new, high-quality wagons for organizing high-speed traffic. The project is implemented within the framework of the State Program for Infrastructure Development «Nurly Zhol» for 2015-2019
Borrower Development Bank of Kazakhstan JSC Vagonservis JSC (Debtor-1) and Passenger transportation JSC (Debtor-2)
Final beneficiaries
JSC «NC «Kazakhstan Temir Zholy»
Product Renting of Talgo passenger cars
Structure of project financing Project cost 25.4 bln ₸
Participation of Development Bank of Kazakhstan JSC, in the context of financing currencies 5 bln ₸
Borrower's own participation 20.4 bln ₸


Terms of granting the financing instrument of Development Bank of Kazakhstan JSC Funding currency Kazakhstani tenge
Type of financing instrument Long-term lending of investment projects
Rate of remuneration 1.75 %
Loan term Up to 20 years
Funding source Raised funds (including funds from the National Fund of the Republic of Kazakhstan)
Additional Information Address Astana, Kunaev street, 6
Tel 8 (7172) 600 521, 8 (7172) 600 450
Website vagonservis.kz, info@vagonservis.kz