ADB’s US$95mn loan for key Kazakhstan highway
First publishedon www.WorldHighways.com
Asian Development Bank (ADB) will provide a loan worth US$95million to Kazakhstan for the reconstruction of the Western Europe - Western China highway. The 20-year loan will be given with a four-year grace period at interest rate of LIBOR+0.4% for each interest-paying period.
The overall cost of the Western Europe-Western China highway project is US$ 112million.