Kazakhstan's Western Europe-Western PRC Corridor (the Corridor) investment program aims to improve approximately 2,715-km road sections running from Khorgos through Almaty and Shymket to the Russian Federatation's western border within the Kazakhstan territory of Central Asia Regional Economic Cooperation (CAREC) Transport Corridor 1. The investment program improves existing roads and constructs new road alignments to efficiently accommodate international traffic. The government targets to complete the investment program by 2014.
The government sought assistance from international financial institutions to finance part of the investment program. The Asian Development Bank (ADB), teaming up with Japan International Cooperation Agency (JICA) and Islamic Development Bank (IDB) committed to finance 470 km in Zhambyl Oblast through a multifinancing facility (MFF). The European Bank for Reconstruction and Development and the World Bank finance 102 km and 1,062 km, respectively.
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