Parliament of the Republic of Kazakhstan ratified the Loan Agreement with the Asian Development Bank

/IRBIS, March 5, 2010/ - Senate of the Parliament of Kazakhstan ratified the Loan Agreement with the Asian Development Bank, stated in the report released today the Ministry of Transport and Communications of the Republic of Kazakhstan. As indicated on March 5, 2010 the Minister of Transport and Communications of Kazakhstan Mr. Abelgazi Kussainov at the meeting of the Senate has introduced a law on ratification of the Loan Agreement with the Asian Development Bank for the second tranche. The amount of this Agreement, signed on December 2009, up $ 187 million in the whole Asian Development Bank, the project of reconstruction of the international transit corridor "Western Europe - Western China" represented by loans totaling $ 700 million. It is reported that the second tranche will be used to finance the reconstruction of the site 79 km from the cement concrete pavement in the Zhambyl region. "This stretch of road has been designed with a design speed of 120 km / h with the translation in the technical category I with 4-band movement. Given the expected traffic volume of more than 15 thousand cars a day, road pavement was designed with a device coating of cement concrete. Will be built 2 transport interchanges , reconstruction of 4 bridges, 80 culverts, "- stated in the message. According to the ministry, currently under the procedure for selection of contractors, who in May to begin work. [2010-03-05]