Kazakh Railways (KTZ) has once again requested approval for an increase of track access charges. The request for a 20,3 per cent increase comes after the loss-making rail company saw an earlier price hike cancelled by the government. According to the Association of Kazakh rail freight carriers, KTZ is insisting on a 20,3 per cent…
Category: price hike
Kazakhstan cancels rail freight price hikes after business dismay
Kazakhstan has cancelled Kazakh Railways’ freight price hikes. Earlier, the planned price increases led to dismay among Kazakh businesses due to worries about their competitiveness. Roman Sklyar, deputy Prime Minister of Kazakhstan, cancelled the increase of so-called price limits for Kazakh Railways (KTZ). The price limits are used to calculate fees for transporting freight on…