Skip to main content

Loan for Kazakhstan road project

A loan from the International Bank for Reconstruction and Development (IBRD) worth US$271.3 million will help pay for the construction of road stretches between Kurty and Burylbaytal as well as Uzynagash and Otar. Kazakhstan's state budget will provide a further $47.9 million for the works, with the road sections measuring 85km and 96km respectively and due for completion in 2021.
October 11, 2017 Read time: 1 min

A loan from the International Bank for Reconstruction and Development (IBRD) worth US$271.3 million will help pay for the construction of road stretches between Kurty and Burylbaytal as well as Uzynagash and Otar. Kazakhstan's state budget will provide a further $47.9 million for the works, with the road sections measuring 85km and 96km respectively and due for completion in 2021.

Related Content

  • ADB’s US$95mn loan for key Kazakhstan highway
    July 9, 2012
    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.
  • Kazakhstan roads benefiting from Japanese loan
    May 28, 2012
    A major loan from Japan will help develop the road transport network in Kazakhstan. The Japanese government will provide a loan to the Republic of Kazakhstan worth US$76 million. The sum will be used to develop the country's road infrastructure and will boost Kazakhstan's access to European and Asian markets. The loan will allow a new bypass to be built on one of the country's main transport arteries in the southern Zhambyl province, as well as the rehabilitation of other existing routes.
  • Bosnia Herzogovina highway project receiving EBRD loan
    September 12, 2018
    A loan from the European Bank for Reconstruction and Development (EBRD) worth €180 million will help to pay for the construction of the Corridor Vc highway project. This highway is of key importance for the economic development of Bosnia and Herzegovina as it will provide and improved transport connection with Europe. The loan will help to pay for the construction of three new sections of Corridor Vc, measuring some 16km. The loan will be provided in two tranches, with the first of up to €120 million and b
  • India’s highway projects benefiting from World Bank funding
    July 4, 2014
    A loan worth US$500 million from the World Bank's International Bank for Reconstruction and Development (IBRD) will help improve road connections in India. The funding will be directed towards India's National Highways Inter-connectivity Improvement Project (NHIIP), a programme of works aimed at improving routes in some rural or remote areas of the country. The NHIIP plan involves upgrading around 1,120km of National Highways in some of the country’s the low-income states such as Bihar, Orissa and Rajasthan