OREANDA-NEWS. August 05, 2008. At the meeting, Kanat Bozumbayev informed the President on results of the work done by Samruk’s subsidiary companies over the first half of this year and prospects of developing the holding, reported the Official website www.akorda.kz.

He reported on the implementation of large investment projects in the railroad industry.

“Those are a locomotive assembling plant, project for modernizing electric locomotives, establishment of a new enterprise producing wagons in Ekibastuz. The implementation of these projects will satisfy the needs of the Kazakhstan Temir Zholy National Company except for passenger wagons,” Kanat Bozumbayev said at a press briefing.

The holding’s head also talked to the President about projects being implemented in the electricity power industry, namely Balkhash Heat Power Station and Moinak Hydro Electricity Power Station. The President instructed to accelerate the work on their completion.