ALMATY, Kazakhstan, June 25. KazAvtoZhol JSC NC
has signed contracts and agreements worth approximately $3 billion
for the implementation of major road reconstruction projects to
date, Chief Engineer of KazAvtoZhol JSC NC Sagi Sadykuly said
during the session "Seamless Eurasia: A Logistics Hub at the
Crossroads of Continents", Trend's correspondent reports from the event.
"We have currently signed contracts and loan agreements totaling
approximately $3 billion for the reconstruction of major projects.
Our partners, along with the EDB, include the Asian Development
Bank, the European Bank for Reconstruction and Development, the
Islamic Development Bank, and the World Bank," he also said.
Sadykuly noted that transit traffic in Kazakhstan has increased
significantly over the past three to four years, leading to a
significant increase in the load on the existing road network.
"With ever-increasing transit, we need to maintain roads in good
condition, ensuring uninterrupted traffic flow and maintaining
highway capacity. Furthermore, with the increase in transit volumes
and the number of large vehicles, the load on the road network
increases," he added.
