Almaty, Kazakhstan - October 24, 2025 - TauKen Group, the vertically integrated industrial and infrastructure enterprise founded in 2001 by Mr Nasipbay Akhmetov, is pleased to announce a decisive advance in its execution of Phase I works on the Mointy-Kyzylzhar railway extension, an infrastructure undertaking of national consequence and regional significance, forming a critical segment of the Trans-Caspian International Transport Route (TITR), more commonly known as the Middle Corridor.
Following a competitive tender process led by master contractor Integra Construction KZ LLP, TauKen Group was awarded the contract in May 2025 under a three-year framework agreement valued at USD $125 million. With remarkable agility and operational discipline, the Group mobilised its workforce and equipment within weeks, procuring 54 units of heavy machinery in cash from Sevalo Engineering Machinery Kazakhstan LLP, the exclusive distributor of Lingong Group’s SDLG and LGMG brands. This rapid mobilisation enabled TauKen to commence works on the initial 36 km segment, which now stands 90% complete and well ahead of projected timelines.
The Mointy-Kyzylzhar line, currently under construction in central Kazakhstan, is designed to bypass the congested Zharyk station and enhance the efficiency, reliability, and capacity of the national railway network. Upon completion, the new line will shorten the corridor by approximately 150 km and significantly increase throughput, thereby reinforcing Kazakhstan’s role as a pivotal Eurasian transit hub. TauKen Group’s scope extends beyond the initial segment to include the construction of bridges, tunnels, and additional track laying across the full 323-366 km corridor.
The project is commissioned by Kazakhstan Temir Zholy (KTZ), the state-owned transport and logistics holding company, and co-financed by the Asian Infrastructure Investment Bank (AIIB) and the World Bank. It forms part of Kazakhstan’s long-term infrastructure strategy under the “Nurly Zhol” programme, which seeks to leverage the country’s geographic position to anchor the New Silk Road.
To date, TauKen Group has completed works valued at USD $5 million, with a total earth movement volume of 1,631,420 cubic metres. The Group has deployed 150 full-time personnel to the site and maintains over 80% local content integration, underscoring its commitment to national development and investor grade delivery.
In anticipation of the next 19 km stretch and the subsequent bridge and tunnel phases, TauKen Group is now engaged in structured finance negotiations with Sevalo for an additional USD $35 million in equipment. These discussions, ongoing for two months, involve Lingong Group and its wholly owned subsidiaries SDLG and LGMG, and will be facilitated through export credit arrangements with Sinosure, the Chinese state-backed export credit agency.
TauKen Group’s bankable status underpinned by a full suite of EY-audited financials for FY2022-2024 and H1 2025 has enabled access to external capital markets not typically available to Kazakhstani enterprises. This marks a significant institutional milestone, positioning the Group to undertake further works under the national railway programme and to deepen its role in Kazakhstan’s industrial renaissance.
As the Mointy-Kyzylzhar project progresses toward full commissioning in 2026, TauKen Group remains resolute in its commitment to excellence, transparency, and strategic foresight. The Group continues to honour its legacy while embracing innovation, ensuring that every kilometre laid and every bridge built reflects the highest standards of engineering, governance, and investor confidence.
