Center West Regional Development Corridor (WB-P153497)

Countries
  • Kazakhstan
Where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Canceled
Bank Risk Rating
A
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Jun 9, 2016
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Ministry of Finance
The holder of the loan, grant, or other investment.
Sectors
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 977.86 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 977.86 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 1,111.20 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Bank Documents
Primary Source

Original disclosure @ WB website

Updated in EWS Jan 21, 2018

Disclosed by Bank Apr 6, 2015


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Project Description
According to WB website, the objectives of the Center West Regional Development Corridor Project are to improve the transport connectivity within the regions along the Kazakhstan Center West Corridor and strengthen the capacity of selected agencies for the effective implementation of the corridor development, and road asset preservation policies. There are five components to the project: Component 1: Infrastructure development and supervision. The component will be implemented by the CR of the MoID. It will finance civil works on about 1,014 km of road sections between Astana and Shalkar and consulting services for supervision of civil works. Component 2: Corridor development. This component is at the core of the MoID strategy to foster regional economic development. The component will be monitored by the relative departments of the MoID with the assistance from the CR, KAZ, local authorities (akimats), and consultants hired under the project. Component 3: Operation and maintenance. This component will allow the MoID to implement the sector strategy designed with the assistance of the Bank during the preparation of the road sector reform in 2012–2013. The project will finance facilities and equipment for O&M. The location of facilities is identified by the feasibility study, as well as the type of equipment for routine maintenance. Component 4: Road safety. The objective of this component is to help the Kazakhstani authorities to develop the RSP, strengthen institutional capacity in relation to the RSP implementation, and increase road safety awareness. Component 5: Project management
Investment Description
  • World Bank (WB)
International Bank For Reconstruction And Development: USD 977,860,000.00 Borrower: USD 133,340,000.00
Contact Information
Jacques Bure Lead Transport Specialist, World Bank Telephone No.: 473-7007 Email Address: jbure@worldbank.org Team Leader: Aliya Karakulova Operations Officer Telephone No.: 5248+450 Email Address: amukay@worldbank.org Borrower/Client: Ministry of Finance Mr. Ruslan Beketayev, Vice Minister Telephone No.: 7172717407 Email Address: r.beketayev@minfin.gov.kz Implementing Agency: Committee for Roads Satjan Ablaliev, Vice-Chairman Telephone No.: 77172754688 Email Address: s.ablaliev@mid.gov.kz Implementing Agency: JSC KazAvtoZhol Ermek Kizatov, Chairman Telephone No.: 77172278800 Email Address: info@kazautozhol.kz ACCOUNTABILITY MECHANISM OF WORLD BANK The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.