Kazakhstan highway being handled by consortium

An international consortium has been formed that will handle a major highway project in Kazakhstan. Worth US$730 million, the consortium’s contract is to build and operate a new tolled ring road around the capital, Almaty. The construction consortium comprises the Turkish contractors Alarko and Makyol, SK Engineering & Construction and Korea Expressway. The funding package for the project meanwhile is being provided jointly by the International Finance Corp and European Bank for Reconstruction and
February 12, 2018 Read time: 2 mins

An international consortium has been formed that will handle a major highway project in Kazakhstan. Worth US$730 million, the consortium’s contract is to build and operate a new tolled ring road around the capital, Almaty. The construction consortium comprises the Turkish contractors Alarko and 3340 Makyol, 3093 SK Engineering & Construction and Korea Expressway. The funding package for the project meanwhile is being provided jointly by the International Finance Corp and European Bank for Reconstruction and Development. The construction work is expected to cost $540 million.

The project includes the construction of 21 bridges and eight interchanges and the ring road will feature up to six lanes along certain stretches, with three in either direction. At other stretches the route will have four lanes, with two in either direction. Construction is expected to take just over four years to complete and the consortium has a 16 year concession package to operate the highway, after which the management responsibility for the ring road will revert back to the Kazakhstan Government.

Finance & Funding

For more information on companies in this article

Related Content

  • US$3.6 billion highway project for Kenya
    June 12, 2024
    A US$3.6 billion highway project is planned for Kenya.
    Read More
  • India’s new expressway link
    April 12, 2021
    Accelerated road construction methods are being used to build an expressway link in India, setting records along the way
    Read More
  • Champlain Bridge set to open by end of year, says SNC-Lavalin
    May 14, 2018
    The Canadian city’s replacement Champlain Bridge will open on schedule at the end of the year. Montreal, one of Canada’s largest cities, will have a well-earned Christmas present in December when the new Champlain Bridge opens after 42 months of construction. The new bridge, part of a six-lane 6km corridor including roads, is being built alongside the original bridge over the Saint Lawrence River and Seaway canal system. The new bridge, 3.4km long, runs from the île des Soeurs to Brossard, immediately dow
    Read More
  • New US$200 million ring road to be built in Belarus capital Minsk
    May 23, 2014
    Minsk is to benefit from a new ring road that will cut city congestion - Eugene Gerden reports The government of Belarus is investing more than US$200 million in the building of a new ring road around the country’s capital Minsk, in accordance with a government decree. Implementation of the project is taking place as part of the existing large-scale state road building programme in the country until 2017, with the total cost estimated at US$5 billion. The new road will measure some 85km long and will feat
    Read More

Highlighted Content