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​Better roads for Kazakhstan

November 6 2015, 10:25

Image 0The European Bank for Reconstruction and Development (EBRD) and the government of Kazakhstan have agreed to boost cooperation on road sector reform and investment.

One of the first projects under the new agreement is expected to be the modernisation of an 80 km road section between the villages of Kurty and Buribaytal on the centre-south road corridor, connecting the capital Astana and the largest city Almaty.

The EBRD expects to support road projects carried out by state entities and private companies, including private-public partnership (PPP) schemes. To date, the EBRD has invested over USD 7 billion in Kazakhstan's economy. (ben)

Source: www.ebrd.org

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