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ECT

Sector: Oil and Gas • Location: Kazakhstan

Source: International Finance Corporation (IFC)

Project
Completed

The Project would invest in Eastcomtrans LLP (“ECT” or the “Company”), the largest private railcar leasing company in Kazakhstan with a fleet of about 8,350 wagons. It provides railcars to major Kazakh and Russian companies on an operating lease basis (where the economic value of ownership remains with ECT). The Company also provides transshipment and rail forwarding services. A significant por

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The project “ECT” is an infrastructure initiative in the Oil and Gas sector, located in Kazakhstan. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

Sponsoring Agency

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Company

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Status

Original status

completed

Taiyo status

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Taiyo last update

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Available timestamps

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Email

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Description

Description

The Project would invest in Eastcomtrans LLP (“ECT” or the “Company”), the largest private railcar leasing company in Kazakhstan with a fleet of about 8,350 wagons. It provides railcars to major Kazakh and Russian companies on an operating lease basis (where the economic value of ownership remains with ECT). The Company also provides transshipment and rail forwarding services. A significant portion of its fleet are oil tank cars with the balance being open gondola wagons and Liquid Petroleum Gas (“LPG”) railcars. IFC’s investment would be part of a larger financing to fund the Company’s 2012 expansion program (the “Project”). This would enable the Company to diversify its fleet and client base while also allowing it to continue to grow its proprietary freight forwarding business.

Original sub-sector

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Original Currency

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Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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Article Published Date

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