Majilis ratified Kazakhstan-ADB Loan Agr't
15:24, 13 October 2011
TANA. October 13. KAZINFORM /Muratbek Makulbekov/ The Kazakh Majilis had approved draft Law "On ratification of the Loan Agreement (Ordinary Operations) (CAREC Transport Corridor 1 [part of the road in Zhambyl region] [International Transit Corridor Western Europe-Western China] Investment Program - Project 4) between the Republic of Kazakhstan and the Asian Development Bank" at a plenary session.
The Agreement is aimed at attraction of the loan for ensuring development of transport potential of the country. The Asian Development Bank provides a loan to Kazakhstan worth USD 112 mln.