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Question №370
May 23, 2015
Madina Madenova | Almaty

How do you do! Thank you so much for answering my previous question! I would like to clarify whether there is statistics on the income from each WE-WC Corridor section and NPV value of the project? Thank you in advance!

Answer to question №370
June 19, 2015

Dear Madina, at the moment the state is not getting any profit from the project, because the project has not been completed yet. In the long term the project effect will be as follows:

- Improvement of the road network and traffic conditions, whixh is shown by appreciable increase of the transportation speed and minimization of road and transport operating costs. This project helps to reduce the cost of transport companies in freight and passengers, and therefore users of their services;

- Increasing productivity of the economically active population by reducing fatigue from staying on the road and reduce the time of movement;

- Increase in industrial production and construction industry products from the construction and commissioning of the new facility;

- Revenue growth of transport companies and the quality of their services for the transportation of goods and passengers by improving the performance of vehicles;

- Increase the share and employment of self-employed people, as the need arises in the creation of social infrastructure in a roadside as hotels - motels, catering establishments, communications, petrol stations and maintenance points. It will also increase employment in the ​​trade sphere. Overall, the project will help to stimulate economic activity as a consequence growth of population incomes.

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«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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