|Olzha Phase III Loan|
|Summary:||The project extends a secured loan to JSC Olzha, a private operator of freight wagons in Kazakhstan, to acquire new freight railcars.|
|Expected Outcome:||By supporting the acquisition of additional wagons, the Project would indirectly support small and medium-sized companies whose business involve transportation of commodities and thus improve trade.|
|Expected Outputs:||The first loan was signed in July 2013 and aims to |
Phase III loan will further facilitate implementation of the original objectives and promote enhancing corporate governance standards via setting up the audit and risk committees.
|Funding Amount:||European Bank for Reconstruction and Development: $11 million|
|Links/Documents:||EBRD Project Page|