Japan invests $76 million in Kazakhstan roads
The Japanese government will invest about $76 million to help develop Kazakhstan's road networks.
The project is expected to improve Kazakhstan's access to European and Asian markets, as well as contribute to regional integration.
The loan will specifically enable a new bypass to be built on one of the country's main transport arteries in the southern Zhambyl province — as well as the rehabilitation of other existing routes. Kazakhstan shares borders with Russia and China, and the roads will improve Kazakhstan's link to Western and Eastern markets.
The road project focuses on a portion of an international transportation network that would connect Europe and Asia, under guidelines proposed by the Central Asian Regional Economic Cooperation.
This is the second project implemented by the Japan International Cooperation Agency in Central Asia under a new accelerated co-financing scheme agreement for development, in cooperation with the Asian Development Bank.
Japan invests $76 million in Kazakhstan roads
