Preparing the CAREC Corridors 1, 2 and 6 Connector Road (Kyzylorda-Zhezkazgan) Reconstruction Project (formerly Preparing Road Sector Projects)
The transaction technical assistance (TA) will provide project preparation and capacity building support for the proposed Central Asia Regional Economic Cooperation (CAREC) Corridors 1, 2, and 6 Connector Road (Kyzylorda Zhezkazgan) Reconstruction Project. The ensuing project will require a loan of about $200 million, with KazAvtoZhol as the Borrower. The project will be aligned with the following impacts: (i) transport and logistics infrastructure expanded to promote global integration, export competitiveness, and economic growth; and (ii) regional and national transport networks developed to meet growing social, economic, and trade connectivity needs. The project outcome is the improvement of the road network efficiency, safety and sustainability, which will be achieved through two solutions: a 208 km section of the project road will be reconstructed and upgraded; and the capacity of KazAvtoZhol in road safety, procurement, contract management, and environmental management will be strengthened.
|Funding Agency||Amount (USD millions)||Notes|
|Asian Development Bank||200|
|Other Fund Sources||240|