A state guarantee for KZT104 billion to be provided for the reconstruction of the highway in western Kazakhstan

Date: 16:51, 31-05-2019.

Astana. May 31. KazTAG - A state guarantee for KZT104 billion will be provided on a non-government loan for the reconstruction of the highway in western Kazakhstan, stated in the government decree.
“Reconstruction of the highway includes the border of the Russian Federation Orsk – Aktobe – Atyrau – the border of the Russian Federation to Astrakhan”, 616-833 km, including the northern bypass of Atyrau. The total cost of the project is KZT117 801 914 thousand; implementation period - 2019-2022; the size of the state guarantee - up to KZT103 790 233 thousand; the borrower - JSC National Company KazAvtoZhol; the potential lender is the European Bank for Reconstruction and Development”, - said in the appendix.
It follows from the resolution that it was signed on May 28 and has already been put into effect.

Photo source: picture from the open source

Share the news: