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Question №306
May 10, 2014
Bekzat Erzhanov | Almaty city

I'm writing a thesis on the topic of project financing, and the object of the study is this project
Where can I get more information on this project?
Financial component and other aspects.
2.2 Analysis of the capital capacity of "Western Europe Western China" project - New Silk Road
2.3 Evaluation of benefits dynamics of "Western Europe Western China" project - New Silk Road
Risk analysis of "Western Europe Western China" project - New Silk Road.

Answer to question №306
May 13, 2014

Dear Bekzat, the project is funded by five International Financial Institutions such as Asian Development Bank, Japan International Cooperation Agency, Islamic Development Bank, European Bank for Reconstruction and Development and World Bank.

The aim of the project is to increase transport efficiency and increased safety for South-West transit corridor. The positive effect of the project is as follows:

• The rapid socio-economic development at the local and regional level

• Increased safety, reducing of the number of accidents

• Reduce time and money costs of travel

• Increased international trade volume, since the road will be used as an international transit corridor

• Development and integration of the regions of Kazakhstan, adjacent to the road

• Increase sales of locally produced goods shipped to Western Europe and Western China

For more information you should address to the Management of Committee for Roads MOTC with official request.

 Navigation
 

 

 

«The completion of the Kazakhstan’s section of the Western Europe – Western China International Road Corridor is very important. It is really the construction of the century»

«We set an objective to develop infrastructure. And it turned out to be within our power. We are currently reviving the New Silk Road. We have opened access to the countries of the Persian Gulf and the Greater East. We have opened the Eastern gates, paving the way to the markets of China and the entire Asian continent», "Kazakhstan-2050” Strategy.
 
 
Address of the First President of the Republic of Kazakhstan – Elbasy, 2012.

 

 

 

 

«The executive authorities need a complete, high-quality Nurly Zhol Program. This is a strategic project which will affect the entire transport infrastructure».

 

 

 

 

 

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