A tender for the delivery of Kazakhstan’s first road PPP project has been issued by the government, with support from the International Finance Corporation (IFC).
A new 66km toll road is being planned to create a bypass north of Almaty and will be procured as a finance, build, operate and maintain scheme. It is estimated that the project will cost $680m.
“The toll road will help move traffic smoothly around Almaty and benefit thousands of people, increasing road safety, relieving congestion, and cutting transportation costs,” said Moazzam Mekan, IFC regional manager for Central Asia.
“It will also help jump-start private sector investment in Kazakhstan’s infrastructure sector, exemplifying how public-private partnerships can help meet country’s infrastructure needs.”
Under the terms of the deal, the preferred bidder will also collect tolls on behalf of the government. For contact details click here.
Kazakhstan is looking to increase its use of PPPs to support its transport infrastructure. Last year it launched plans for a new light rail scheme in Almaty.