The provision of a loan of KZT 96.9 billion split into two tranches under sovereign guarantee to JSC KazAvtoZhol, 100 per cent state-owned national road operator. The first tranche of KZT 74.8 billion will finance the reconstruction of a 204 km long road section between the cities of Kyzylorda and Zhezkazgan. The second uncommitted tranche of KZT 22.1 billion will finance construction of a 14.8 km bypass around Kyzylorda, adjacent to the motorway.
- Reconstruction of the 204 km long Kyzylorda-Zhezkazgan road in Kazakhstan.
- Construction of a 14.8 km bypass around the city of Kyzylorda.
- Contribution to the improved inter-regional connectivity, safety standards, increased road capacity and reduced travel time.
The Project supports improving regional connectivity and road safety standards as well as expansion of tolling system and performance based maintenance contracts to ensure better maintenance of rehabilitated roads. In addition, it supports Kazakhstan to develop a readiness strategy for road infrastructure development that will support roll-out of electric vehicles on the national road network. The Project incorporates climate change adaptation measures that improve the resilience of the road to increasing extreme weather conditions. It also aims to address gender concerns in road infrastructure design and implementation.
|Amount (USD millions)
|European Bank for Reconstruction and Development