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10/02/2013 
trend.az. Kazakh Parliament’s lower chamber approves loan agreement on Western Europe - Western China

Kazakh Majilis (the Parliament's lower chamber) approved the loan agreement with Asian Development Bank (ADB) on construction of Western Europe - Western China international transport corridor, Majilis press-service reported on Wednesday.

According to the agreement, ADB will provide $125 million for construction of Western Europe - Western China's 36.7 kilometer section between the cities of Shymkent and Tashkent in South Kazakhstan region.

The project is scheduled to be completed by December 31, 2015.
The Western Europe - Western China international transport corridor will become the shortest road transport link from the Central Asian countries to Europe.
The whole corridor project is being financed by several International Financial Institutions including the EBRD, the World Bank, ADB and IDB (Islamic Development Bank).

Azerbaijan, Baku, October 2, 2013 / Trend E. Kosolapova / http://en.trend.az/

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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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