KazAvtoZhol receives loan of more than $291 million to restore roads

30.10.2024

The Asian Development Bank approved a loan of up to $291.49 million to KazAvtoZhol. The loan was issued in tenge under a state guarantee.

The funds will be used to reconstruct 208 km of highway in Central Kazakhstan. We are talking about a two-lane highway that connects Kyzylorda with Zhezkazgan.

"The reconstructed...