E Kazakhstan, EBRD sign KZT 87B worth of credit agreements

UST KAMENOGORSK-BEIJING. KAZINFORM Ust Kamenogorsk Transport Company and European Bank for Reconstruction and Development (EBRD) signed a credit agreement up to KZT 5.4 billion at today's Central Asian Investment Forum, the Governor's press service reports. 

photo: QAZINFORM

The project under the agreement is aimed at improving the service quality increase and environmental improvement in the city. It provides for acquiring 85 buses compliant with EURO 5 ecological standard.

Besides, EBRD and Universal Energy Co., Ltd signed a preliminary agreement worth KZT 17.5 billion on realization of the solar power station construction project with a capacity of 30 MW in Zharminsky district.

It is noteworthy that East Kazakhstan region and EBRD signed credit agreements to the amount of KZT 87.5 billion on 13 projects.