The State Enterprise Kyrgyz Temir Joly bears losses and can’t be engaged in freight carriage due to the lack of wagons, the deputy Abdykapar Sultanov said.
The issue has been raised half a year ago, but there is no result. Kyrgyz Temir Joly is considered to be the state-owned company, paying millions of tax to the budget, but it lacks wagons for transportation.
Last year, Kyrgyz Temir Joly applied for the purchase of wagons valued at 940,000 soms. But in the end, the company received only a third of the necessary equipment.
“They have suffered losses of over 6 billion soms due to the fact that they were not provided with wagons and could not provide freight and cargo transportation. They have no turnover. In 2016, the southern department of Kyrgyz Temir Joly had 120 wagons. At present, there are only 30. This means that this year export of producers of the southern region will reduce. We made a decision to allocate $10 million of the assets of the Russian-Kyrgyz Development Fund to Kyrgyz Temir Joly. However, the State Property Management Fund does not sign the document and Kyrgyz Temir Joly can not buy equipment for transportation and is working at the lowest capacity,” Abdykapar Sultanov said. (24.kg/Business World Magazine)