Center South Road Corridor Project (WB-P153501)

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.
Borrower
KazAutoZhol JSC
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)
$ 645.24 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)
$ 645.24 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)
$ 1,466.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS Jan 21, 2018

Disclosed by Bank Mar 26, 2015


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Project Description
According to bank documents, the project road consists of a 688 km section of road from Karagandy to Burylbaital, an essential link in the corridor between Almaty and Astana. The corridor will provide an all-weather divided highway connecting Kazakhstan toWestern China and Russia. It will be constructed along the existing road alignment, and will accommodate a duplicated carriageway, i.e., the new road will improve the existing 2-lane single carriageway road to 4-lane dual carriageway road and consist of 4 x 3.75m lanes, 3.75m shoulders, and a 3 to 6m median strip. It will be designed for a traffic speed of 120 kilometres / hour (km/hr) and axle loads up to 13 tonnes. Bridges, overpasses, and pedestrian and animal passes will be included where required and informed by social impact assessments. The proposed development objective is to make safe and sustainable improvements to transport and freight connectivity between Almaty and Astana, and improve access to economic opportunities.
Investment Description
  • World Bank (WB)
Contact Information
Team Leader: Fiona J Collin Senior Transport. Specialist Telephone No.: 473-6070 Email Address: fcollin@worldbank.org Borrower/Client/Recipient: KazAutoZhol JSC Ermek Kizatov, Chairman of the Board Telephone No.: 77172288800 Email Address: info@kazautozhol.kz Implementing Agency: KazAutoZhol JSC Azamat Orynbekov, Head Dept of International Cooperation and Investments Telephone No.: 7-7172-57-22-32 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.