Obviously, the key issue in the current economic situation in the country is to develop an economic policy that would help consolidate the progress achieved in stabilizing the economy and the achievement of increasing the rate of economic growth based on an innovative model of development.

Therefore, not coincidentally, the relevance of investment activity in order to achieve real sustainable and increasing economic growth marked by the president of the state N.A. Nazarbayev, in the President’s Message “Kazakhstan – 2030”. One of the key priorities of the Strategy derives from economic growth based on balanced economic development, gradual substitution of raw materials in the GNP on high-tech, including exports and the effective use of scientific and technological potential. In this regard the strategy of industrial-innovative development of Kazakhstan for 2003-2015 had been adopted. Whose objectives are to achieve sustainable development through economic diversification, contributing to shifting from extraction, preparation of conditions for transition in the long term to service- technological economy. For the republic there are crucial intensive factors of economic development, one of whose components is the intensification of investment and innovation. Design process

In this regard, there is an urgent need to connect the financial flows and resources to real investment flows in single complex system development activities to enhance investment policy, through greater involvement in the investment activities of enterprises, the public, banks, pension funds and other institutional investors.

Search for effective ways of investment and additional sources of education that not only quantitatively but also qualitatively characterize the transformation of the investment process in Kazakhstan is the main objective of investment policy in transport, carried out by attracting investment and domestic savings. The global financial crisis, investment in infrastructure unit allows the system to solve transportation problems, to maintain employment levels.

Sustainable development of rail transport is impossible without the implementation of investment projects aimed at maintaining and updating of material-technical base of railways. Improving the efficiency and quality of freight and passengers to a greater extent in the future depends on strengthening capacity building of railway track and its technical condition. Continuous improvement of technical equipment and facilities of the way, the level of maintenance make it possible to smooth and safe movement of trains, promotes operational and economic performance and, ultimately, improve efficiency and competitiveness of the transportation process.

One of the main problems facing the modern Kazakhstan is to ensure sustainable economic development in complex environmental, social, political and economic conditions of economic globalization and crises, in this connection, it is necessary to determine the priorities of development investment projects aimed at creating an advanced transportation infrastructure, making use of a qualitatively new economic levers that are sustainable and balanced development of transport.

The strategic objectives pursued by the country’s economy, the need to integrate into the global economy have increased the need to develop scientific-theoretical guidelines on system of investment management in the travel sector train industry in which the relevant innovative changes the direction of initiatives aimed at improving the quality of the state road increase speed of passenger trains, traffic safety and lower operating costs.

In the railroad industry of the country continues the process of reform programming, which resulted in a single economic complex industry from strictly regulated linearly-functional structure moved to divisional management with a gradual transition into a holding structure. These changes imply the need to move from production management to the management of profitability and capital.

The transition to the new organizational structure based on market principles, involves upgrading the system of economic management industry, including investment. At the strategic level requires the introduction of such modern tools as the project approaches in the management of investments.

At the present stage of the railway transport complex in Kazakhstan is characterized by poor condition of fixed assets, obsolete infrastructure and technology. Due to prolonged underfunding of infrastructure, train the industry in the last decade of the twentieth century. There was accumulation of physical depreciation of fixed assets, which today stands at more than 60%. The industry uses a physically and morally outdated rolling stock, track machinery, worn and outdated design path technology of repair and maintenance of basic production assets. Low efficiency of operation systems require high maintenance costs for the maintenance of plant and equipment in working condition.

In the railway industry’s most pressing problem is the efficient management of existing resources, in view of its scale and resource-intensive. In this context, the objective need to create attractive conditions and optimization of the use and mobilization of investment in railway complex due, primarily, aging and obsolescence of hardware line and track facilities.Relevance of the topic research paper is due to the need to implement quality management system investment policies of the main railroad network (OLS). Implementation of priority investment activities of the main railroad network is a prerequisite for the successful restructuring of the industry, providing increasing its efficiency and competitiveness.

Theoretical basis for studying the problems of managing the company’s investment policy is the theory of investment management.

In the concept development of market relations, and investment management as a source of further economic growth, the important place occupied by works of the classics of economic thought, such as A. Smith, D. Ricardo, Keynes, P. Semuelson, J. Hicks, J. Schumpeter, and etc.

Significant contribution to the theory of management of investment projects, including in the sphere of railway transport have Kazakhstani economists: TS Khachaturov, VE Feyzelbaum, IV Belov, NP Tereshina, BM Lapidus, MF Trihunkov, S.I. Abramov, V.G. Galaburda, P.O. Vilensky, V. Livshits, SA Smolyak, V.A. Savchuk, E.L. White, K.E. Yakovets, as well as foreign scientists and researchers J. Gitman, M.D. Junks, W. Sharp, S. Jacobs, D. Kehrer, M. Schiffers, S. Kiher, D. Kaspott, Chris A., M. Scott, B. Santo and others

Analysis and study of problems involved in such investment Kazakh scientists, like R.A. Alshanov, A.A. Esengulov, N.K. Isingarin, N.K. Nurlanova, RK Satova, L.F. Sukhova, M.B. Kenzheguzin, AT Bayahmetova, NY Zharilkaganov etc.In numerous scientific papers reflected the complexity and diversity of the problems of investment management. However, the theoretical definitions, in practice the provisions are not observed a single approach to dealing with them particularly with respect to the rail industry. Problems of study in investment projects, development of strategic investment management for Kazakhstan’s railway, as a prerequisite and the result of investment management, practically not been raised.

Lack of evidence-based integrated assessment and strategic management of investment projects to be holding back the restructuring of the economy sector and improving its efficiency.

Thus, it remains urgent problem of developing theoretical and practical recommendations for effective management of the company’s investment policy in the sphere of railway transportation of Kazakhstan.

There are some sets of economic relations management firm’s investment policy and technical improvement of trunk railway network of the Republic of Kazakhstan.

As an example wehave taken the operator of the main railway network of JSC NC “Kazakhstan Temir Joly”.Theoretical and methodological basis for the research are of economic theory for managing the investment policies and investment processes, aimed at updating the object management, highlighting the achievements of domestic, global science and practice of management of investment projects.

In the process of writing this work we have used the legislative acts of the President and Government of the Republic of Kazakhstan, government policy documents, the materials of the Ministry of Transport and Communications of Kazakhstan Statistics Agency of Kazakhstan, as well as a special methodical literature, periodicals and statistical data on the thesis.

There used the works of foreign and Kazakh scientists in the field of investment theory, development of forms and methods of making investment decisions, investment tools, and selection of investment projects, management of material, financial and information flows in the organization of rail transport.