PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

593827

Primary Business Area

Public-Private Partnerships Transaction Advisory

Disclosure Date

Jan 16, 2013

Country

Kazakhstan

Region

Central Asia and Turkiye

IFC Approval Date

Nov 5, 2012

Status

Completed

Estimated Total Budget

$2,034,215.00
(Project budget includes all project-funded activities)

Last Updated Date

Sep 2, 2018

Project Estimated End Date

Jan 31, 2014

Project Description

IFC, jointly with the European Bank for Reconstruction and Development (EBRD), will provide transaction advisory support to the Ministry of Transport and Communications (MTC) of the Republic of Kazakhstan to attract a private concessionaire to build, operate and maintain a bypass road around the city of Almaty for a period of at least 25 years. IFC will conduct its mandate in two phases. In phase one, IFC will carry out the technical and commercial due diligence for the project, and in consultation with EBRD will present the proposed transaction structure to MTC. As part of phase two, IFC jointly with EBRD will assist MTC, upon its approval of the proposed transaction structure, in implementing an open and transparent competitive bidding process to select a private investor capable of financing, building, operating and maintaining the proposed road.

Development Results