Kazakhstan: KazPost Financial Strengthening and Modernization Project

Sovereign Project | 40552-012

Summary

The project is intended to assist KazPost in developing a means of self sufficient sustainable access to long term commercial finance, enhance its communication with the international rating agency community and ensure viable construction management arrangements amongst a list of targeted finance preparation items.

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Project Name KazPost Financial Strengthening and Modernization Project
Project Number 40552-012
Country Kazakhstan
Project Status Closed
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 4874-KAZ: KazPost Financial Strengthening and Modernization Project
Japan Special Fund US$ 600,000.00
Strategic Agendas Inclusive economic growth
Drivers of Change Governance and capacity development
Sector / Subsector Information and communication technology - ICT industries and ICT-enabled services
Gender Equity and Mainstreaming No gender elements
Description The project is intended to assist KazPost in developing a means of self sufficient sustainable access to long term commercial finance, enhance its communication with the international rating agency community and ensure viable construction management arrangements amongst a list of targeted finance preparation items.
Project Rationale and Linkage to Country/Regional Strategy The proposed TA is consistent with ADB s Kazakhstan Country Strategy and Program Update (2006 2008) ADB. 2005.Republic of Kazakhstan: Country Strategy and Program Update (2006 2008). which (i) indicates that ADB will identify means of supporting sub sovereign infrastructure companies with demonstrated ability to act in a commercially viable manner and (ii) support of Rural Development which remains a key Government priority.
Impact
Project Outcome
Description of Outcome
Progress Toward Outcome
Implementation Progress
Description of Project Outputs
Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location Kazakhstan
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design
During Project Implementation
Business Opportunities
Consulting Services

PPTA Fact-finding mission has taken place during 26 Aug-5 Sep. The MOU of the fact-finding mission is expected to be signed on 5 Sep 2006.

TA requires approximately 8.5 person-months of internaitonal consulting services and 15 person-month of domestic consulting services. International cosultants will be (i) a postal services industry specialist for 2 person-months, (ii) financial services industry specialist for 1.5 person-months, (iii) cash flow modeler for 1.5 person-months, (iv) credit ratings experts for 1.5 person-months, and (v) a construction management specialist for 2 person-months. One of international consultants will be the team leader responsible for all aspects of TA implementation.

The domestic consultants will be: (i) detailed design engineer for 5 person-months, (ii) information technology specialist for 5 person-months, (iii) construction budgeting consultant for 5 person-months.

Responsible ADB Officer Li Guanghui
Responsible ADB Department Central and West Asia Department
Responsible ADB Division Kazakhstan Resident Mission
Executing Agencies
Samruk State Holdings CompanyMr. Ulf WokurkaU.Wokurka@kmg.kz20/1 Kabanbay Batyr Ave., Astana 010000 Republic of Kazakhstan, Samruk State Holdings Company
Timetable
Concept Clearance 17 Aug 2006
Fact Finding 26 Aug 2006 to 05 Sep 2006
MRM -
Approval 22 Nov 2006
Last Review Mission -
PDS Creation Date 26 Nov 2009
Last PDS Update 26 Nov 2009

TA 4874-KAZ

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
22 Nov 2006 06 Feb 2007 06 Feb 2007 31 Mar 2007 28 Feb 2010 -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
600,000.00 0.00 400,000.00 0.00 0.00 0.00 1,000,000.00 22 Nov 2006 163,250.60

Safeguard Documents

See also: Safeguards

No documents found.

Evaluation Documents

See also: Independent Evaluation

No documents found.


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