Kazakhstan Development Bank to fund fibre-optic communication lines project

ASTANA. KAZINFORM Kazakhstan Development Bank provides financing of the Transtelecom JSC project to build a hardware-software complex and a communication platform for the railway industry, its press service said.

The bank's credit line to the amount of KZT 25 bln will significantly expand the current communication channels and increase data transfer speed. 10,965 km of fibre-optic communication lines will be built and modernized in view of actual needs of Kazakhstan Temir Zholy National Company, the statement reads.