Can the confiscated properties be utilized for the development of the LRT infrastructure?
Chill, Let's Talk LRT Construction in Astana
No, the return of state assets isn't on the table for funding the LRT construction in Astana, according to Deputy PM and Minister of National Economy, Serik Zhumanazarov. He mentioned during a Majilis briefing that they're primarily funding the project from the republican budget, with the goal to complete it this year.
As of now, about 5.6 km of the double-track LRT line has been laid, with the first 500 meters laid back in 2024. This trial phase helped researchers study the impact of weather conditions on the LRT's upper structure [1]. Construction work is expected to be completed by summer 2025, with the first trains arriving in September, followed by test runs [2].
The city of Astana has already announced preliminary recruitment for LRT dispatchers, and the fare is predicted to be between 100 to 200 tenge [2].
While the LRT project has faced financial hurdles, including embezzlement scandals that delayed and increased costs, city authorities have chosen to press on with it [3]. The construction of the LRT infrastructure is nearing completion, with train deliveries scheduled and test operations planned for September 2025 [1][2].
The specific funding source for the completion of the LRT isn't detailed, but the project's continuation suggests there's ongoing support or planned funding to complete it. Usually, large-scale infrastructure projects like this entail a mix of government funds and private investment, but the exact plan for the LRT isn't confirmed yet [3].
Stay tuned for news on the first LRT carriages from China and the closure of the Astana bypass due to LRT construction!
Extra Facts:- The former head of the Astana Metro Project, Ardan, was accused of embezzling approximately KZT 5.8 billion (around $11 million) during the construction of the LRT line [3].- Despite these challenges, the current mayor, Zhenis Kasymbek, has pledged to open the first phase of the LRT by the end of this year [3].
Sources:1. First 500 meters of Astana's LRT track laid2. Astana LRT updates: Construction, fare, and recruitment details3. Financial obstacles faced by Astana's LRT project
The ongoing LRT construction in Astana is primarily funded from the republican budget, with the anticipation of completing it by summer 2025. As the project advances, it's expected that a mix of government funds and private investment will be utilized for its completion, although the exact plan remains unconfirmed. In this industry, business opportunities might surface, such as potential investments in the public-transit sector of Astana's transportation system.
