Kazakhstan highway rebuilding gains funding

A funding package will help pay for road rebuilding work in Kazakhstan. The US$106 million of financing is being supplied by the European Bank for Reconstruction and Development. This will be used to pay for improvements to a 67km stretch of the Kurty-Kapshagai highway connecting capital Almaty with the city of Astana.
May 15, 2018 Read time: 1 min

A funding package will help pay for road rebuilding work in Kazakhstan. The US$106 million of financing is being supplied by the European Bank for Reconstruction and Development. This will be used to pay for improvements to a 67km stretch of the Kurty-Kapshagai highway connecting capital Almaty with the city of Astana.

Finance & Funding

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South Korean consortium picks up Kazakhstan highway deal

A South Korean consortium is in line for a US$75 million loan from the Asian Infrastructure Investment Bank (AIIB) for a project in Kazakhstan. The $900 million project around the city of Almaty will see development of a 66km highway with eight intersections and 21 bridges, according to a report in the Korea Herald. The consortium consists of Korea Expressway and SK Engineering and Construction (SK E&C), noted a report by the Korean news agency Pulse. Other banks that will provide loans to the cons
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