ADB’s US$95mn loan for key Kazakhstan highway

Asian Development Bank (ADB) will provide a loan worth US$95million to Kazakhstan for the reconstruction of the Western Europe - Western China highway. The 20-year loan will be given with a four-year grace period at interest rate of LIBOR+0.4% for each interest-paying period. The overall cost of the Western Europe-Western China highway project is US$ 112million.
July 9, 2012 Read time: 1 min
943 Asian Development Bank (ADB) will provide a loan worth US$95million to Kazakhstan for the reconstruction of the Western Europe - Western China highway. The 20-year loan will be given with a four-year grace period at interest rate of LIBOR+0.4% for each interest-paying period.

The overall cost of the Western Europe-Western China highway project is US$ 112million.

For more information on companies in this article

Related Content

  • Highway developments to boost east-west transport
    April 4, 2012
    Huge highway developments are being planned and carried out to further improve East-West transport, with Central Asia a key region as Patrick Smith reports History was made in late 2010, when one of the biggest road building projects ever envisaged in Eastern Europe was given the green-light. It was the occasion when Russian president Dmitry Medvedev signed a law that would allow his country to build its segment of a huge highway around the Black Sea. The idea is to complete the 7,140km highway, wi
    Read More
  • Kazakhstan road project - funding secured
    October 7, 2021
    Funding has been secured for a Kazakhstan road project.
    Read More
  • Georgia's transport plan
    March 1, 2012
    Georgia's transport system will benefit from a loan worth US$300 million being provided by the Asian Development Bank (ADB).
    Read More
  • Mongolia's road ahead
    April 25, 2012
    Financing worth a total of US$170 million will help fund construction of Mongolia's Western Regional Road Corridor. This will be provided by the Asian Development Bank (ADB) in a series of payments.
    Read More

Highlighted Content