📋 Tender Overview
STATUS
Proposed
MEMBER
Kazakhstan
SECTOR
Transport
E&S CATEGORY
Category A
PROJECT NUMBER
000870
FINANCING
PROPOSED FUNDING AMOUNT
USD150 million
FINANCING TYPE
Nonsovereign
TIMELINE
CONCEPT REVIEW
May 30, 2024
APPRAISAL REVIEW/FINAL REVIEW
March 21, 2025
OBJECTIVE
To increase capacity, speed and safety of freight rail transportation in Southeast Kazakhstan by constructing a railway section bypassing Almaty city.
DESCRIPTION
The Project involves a 10-year Senior Unsecured Corporate Loan of up to USD150 million (in CHF) to Joint Stock Company National Company Kazakhstan Temir Zholy (KTZ) for constructing and operating a single-track electrified railway bypassing Almaty city in Southeast Kazakhstan. The line will connect Zhetygen station to Kazybek Bek station in the west, featuring a 75 km single-track electrified railway, 3 new stations, 13 bridges, 5 railway overpasses and one road overpass, and the reconstruction of Zhetygen and Kazybek Bek stations.
KTZ is a 100 percent state-owned railway company, holding almost all rail infrastructure (the third-longest rail network in the Commonwealth of Independent States (CIS) region) and is the largest owner and operator of locomotives, freight, and passenger rail cars in Kazakhstan. KTZ is an integrated group of companies that provide infrastructure access, locomotive traction, passenger, cargo transportation, and logistics services.
ENVIRONMENTAL AND SOCIAL INFORMATION
Applicable Policy and Categorization. AIIB’s Environmental and Social Policy (ESP) including the Environmental and Social Exclusion List (ESEL) and relevant Environmental and Social Standards (ESSs) apply to this Project. The Project has been categorized as Category A in accordance with ESP because large-scale land acquisition leading to economic displacement. To facilitate a harmonized application of AIIB's and International Finance Corporation’s (IFC) ES policies under the Project, the project’s environmental and social (ES) risks and impacts have been assessed in accordance with the requirements of AIIB's ESP (as well as IFC's ES policies).
Environmental and Social Instruments. The primary assessment instrument is a Supplementary Environmental and Social Impact Assessment (SESIA) including an integrated Environmental and Social Management Plan (ESMP), a Rapid Cumulative Impact Assessment (RCIA) and a Non-Technical Summary (NTS). Key management instruments are Stakeholder Engagement Plan (SEP); Biodiversity Management Plan (BMP); Construction Environmental and Social Management System (CESMS) including risk-specific procedures; Livelihood Restoration Plan (LRP); and Resettlement Action Plan Framework (RAPF).
Environmental Aspects. The propagation of noise from the operational railway and its impacts on residents living close by is the primary issue of concern identified. The SESIA concluded that approximately 22 properties in total, located around Zhetygen and Kazybek Bek stations could be subje
