World Bank assigns $2 billion for Kazakhstan?s road project

WASHINGTON. May 2. KAZINFORM The World Bank has decided to issue a $2.12 billion loan to Kazakhstan for modernizing the trade route connecting Russia and Western Europe to China and other Asian states, Kazinform refers to ITAR-TASS.
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The project will build up competitiveness of Kazakhstan and bring substantial benefits to that country and its neighbors, Kyrgyzstan, Tajikistan and Uzbekistan, the World Bank said. The loan will create about 35,000 jobs, which is vital amidst the crisis, Kazinform cites ITAR-TASS. See www.itar-tass.com for full version.
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