Kazakhstan: Transport corridor West Europe —West China to work completely in 2016

Source

APK-Inform

1823

According to the press-service of the Ministry for Investments and Development of Kazakhstan, the Government already approved the resolution for launching of the transport corridor West Europe —West China in 2016.

It should be noted that the delay in commissioning of the large-scale object is directly linked with funding sources. Initially, the project realization was planned with consideration of different sources of funding, such as concession, investments, etc. However, due to the lack of potential concessionaires for reconstruction of the transport corridors Almaty-Horgos, Shymkent-Tashkent, Shymkent-border of Jambyl oblast, in 2013 the Government of Kazakhstan decided to change the sources of financing, involving adjective funds of international financial institutions. Therefore, completion of the project was postponed to 2016.

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