ADB approves $240M to help Kazakhstan modernize transport, improve connectivity
Green Car Congress
AUGUST 29, 2016
The Asian Development Bank (ADB) has approved a $240.3-million loan to help Kazakhstan modernize its transport system. Improved transport connectivity will help increase trade links between Kazakhstan and the markets in East Asia, the Caspian Sea region, and further to Europe. It will also establish fast transportation links connecting Astana and Aktobe with the major oil and mineral–rich city of Atyrau, and the country’s only international commercial seaport in Aktau.