NUR-SULTAN (TCA) — The signing of an investment agreement between KazAvtoZhol National Company, the Far Eastern Electronic Toll Collection Co., LTD Consortium Company, and Computer Vision Technologies LLP took place on December 24 in the presence of Kazakhstan Prime Minister Askar Mamin in Nur-Sultan, the prime minister’s press service reported.
The agreement provides for the development of intelligent systems in the road sector of Kazakhstan and an increase in the length of toll roads of national importance in accordance with the Nurly Zhol State Infrastructure Development Program.
According to the agreement, the Consortium will implement a system of charging for 11 thousand km of roads of national importance in Kazakhstan. The project will be implemented in two stages: in 2020 – 5.7 thousand km (corridor Western Europe – Western China, etc.), in 2021-2024 – 5.3 thousand km (Karaganda – Balkhash – Almaty, Taldykorgan – Kalbatau – Ust-Kamenogorsk, etc.).
The volume of investments of the Consortium will exceed 25 billion tenge with a return period of 11 years. Based on the results of the project implementation and return on investment, the Infrastructure Charging System will become the property of the state represented by KazAvtoZhol.
The project will create over 500 new jobs, increase the competence of domestic companies in the field of intelligent transport systems, ensure funding for the quality maintenance and preservation of roads, as well as reduce accident rates by fully covering the vehicle speed control system.
Rates of tolls on roads of the first technical category will be the same as on other toll roads operated in Kazakhstan. On roads of the 2nd and 3rd technical categories of roads, the passage for cars will be free.
The charging system was developed jointly by Kazakhstani and Taiwanese programmers. The software is integrated into the existing Payment System of KazAvtoZhol JSC, which operates on the road sections Nur-Sultan – Schuchinsk, Nur-Sultan – Temirtau, Almaty – Kapshagay and Almaty – Khorgos with a total length of 682 km.
