Skip to main content

EBRD allots US$196mn for Kazakhstan-Uzbekistan border road

The European Bank for Reconstruction and Development (EBRD) has extended a US$196.5 million loan to Kazakhstan to fund the reconstruction of 62km of road from Shymkent to the Uzbekistan border. The project is part of the construction of the Western Europe - Western China transport corridor.
January 18, 2013 Read time: 1 min

The 1166 European Bank for Reconstruction and Development (EBRD) has extended a US$196.5 million loan to Kazakhstan to fund the reconstruction of 62km of road from Shymkent to the Uzbekistan border. The project is part of the construction of the Western Europe - Western China transport corridor.

For more information on companies in this article

Related Content

  • Loan for Bosnia motorway project
    May 9, 2019
    A loan agreement has been signed to help pay for a new motorway project in Bosnia and Herzegovina. The European Bank for Reconstruction and Development (EBRD) is providing the Bosnia and Herzegovina Government with a loan worth €210 million for next stage of Corridor Vc project. According to the EBRD, Bosnia and Herzegovina’s further economic integration with the Western Balkans and the rest of Europe will take an important step forward due to this loan for. The development of Corridor Vc is a strategic
  • Bosnia-Herzegovina motorway first
    July 5, 2012
    THE EBRD (European Bank for Reconstruction and Development) is increasing its support for the modernisation of the transport infrastructure of Bosnia-Herzegovina with a €21 million loan for the completion of the construction of the Banja Luka-Gradiska motorway. The motorway, being built with financing from both the EBRD and the European Investment Bank (EIB), is the first in the Republika Srpska, and links the capital Banja Luka with the international transport Corridor X [a pan- European corridor which run
  • EBRD loan for Bosnia
    March 15, 2012
    Japanese manufacturer Mitsubishi Motors has aided in a pilot study using an electric vehicle to power traffic lights.
  • Kazakhstan road improvement – funding found
    May 21, 2018
    An important highway stretch in Kazakhstan will now be upgraded thanks to funding from the International Bank for Reconstruction and Development (IBRD). The US$490 million finance package comes in the shape of a loan and will be used to improve the highway connecting capital Almaty with Khorgos, which lies on the border with China. The 297km highway section will cost $576.5 million to upgrade in all.