📋 Tender Overview
Location:
Kazakhstan
Project number:
55068
Business sector:
Transport
Notice type:
State
Environmental category:
A
Approval date:
07 May 2025
Status:
Concept Reviewed
English-language PSD published:
05 Mar 2025
Project Description
The provision of a sovereign guaranteed loan of KZT 232.6 billion (€ 449 million equivalent) in favour of JSC NC KazAvtoZhol, the national road operator in Kazakhstan. The loan will part-finance the design and civil works,as well asrelated consultancy services, for the reconstruction and upgrade of a 234-km section of the Aktobe-Ulgaisyn road. The project will be co-financed by the AIIB and by the Republic of Kazakhstan.
Project Objectives
The reconstruction and upgrades (from 2 to 4 lanes) of a 234-km long road section between the cities of Aktobe and Ulgaisyn.
The improvements in inter-regional connectivity, safety standards, increased road capacity and reduced travel time.
Transition Impact
ETI score: 66
The project's expected transition impact will derive from regional integration and enhanced transit connections through the adoption of modern contracting methods (Design, Build, Maintenance contracts) for material improvements in road infrastructure with a special focus on integrating road asset management systems into a single advanced system to support the country's efforts in digitalizing its road infrastructure. The project will promote green innovation by piloting low-carbon materials, paving the way for decarbonization in road construction. It will also support the growth of electric vehicles and the introduction of green tolling, in alignment with the country's goal of reducing GHG emissions, as part of its NDC under the Paris Agreement. The project will also promote women's participation in the transport sector through internships in technical roles and regular career guidance events with focus on female students.
Client Information
KAZAVTOZHOL JSC
JSC NC KazAvtoZhol - the national road operator in Kazakhstan
EBRD Finance Summary
€ 449 million
Total Project Cost
€ 1,019,100,000
Additionality
The EBRD offers long-term financing is not available from commercial bankson reasonable terms and conditions, the EBRD also provides support to strengthen Kazavtozhol'scapacity with respect to procurement, environmental and social issued and ongoing sector reforms aimed at improving governance and financial sustainability in the road sector.
Environmental and Social Summary
The loan proceeds will be used to finance an upgrade of a 234-km long road section between the cities of Aktobe and Ulgaisyn to accommodate increased traffic demands and improve road safety. The project includes reconstruction and expansion of the current road, with sections being upgraded from 2 to 4 lanes, and utilises a design-build-maintain (DBM) contract strategy, with the design and construction phases financed by the EBRD and AIIB, and maintenance costs supported by the Repu
