Kazakhstan: CAREC Corridor 2 Investment Program (Mangystau Oblast Sections)

road

Distance

Unknown
new
– km
rehabilitated
– km
existing
– km

Cost

$1.2b
$1,212,000,000

operational

2020

Objective

increase transport connectivity and efficiency in Kazakhstan’s Mangystau Oblast through shorter travel time, lower freight costs, and lower road crash rates.

Description

The project was the first under the CAREC Corridor 2 (Mangystau Oblast Sections) Investment Program,2 which covers the reconstruction of 790 km of unpaved roads in Mangystau Oblast. The investment program roads connect Kazakhstan to Azerbaijan, and Europe through the Caspian Sea to the west; to the Russian Federation to the north; to Uzbekistan to the southeast; and to Turkmenistan to the south.

Finance

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$412m investment
Government of Kazakhstan
Government
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$0.8b loan
Asian Development Bank
Bank

Contractors

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Alsim Alarko
Company
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