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LOANS & CREDITS

Kazakhstan: South West Roads Project: Western Europe-Western

April 30, 2009



IBRD Loan: US$2.125 billion
TERMS: Maturity = 25 years; Grace = 5 years
 
Project Description: The South West Roads project in Kazakhstan will help upgrade the trade route linking China to Russia and Western Europe through Kazakhstan, bringing a helpful economic stimulus to some of Kazakhstan’s poorest provinces. The project will boost Kazakhstan’s competitiveness and bring significant economic benefits to Kazakhstan, as well as to Kyrgyz Republic, Tajikistan and Uzbekistan. Much of the road network in Kazakhstan was constructed during the Soviet era and has significantly deteriorated since then due to lack of adequate maintenance.


Media Contacts
Michael Jones
Tel : (202) 473-2588
mjones2@worldbank.org

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