Project Notice
|
| PNR |
44564 |
| Project Name |
KTJ climate resilient rail infra |
| Project Detail |
Project Description
The provision of a loan of up to €8 million to the State Enterprise National Rail Company Kyrgyz Temir Jolu. The Banks first railway infrastructure project in the Kyrgyz Republic will finance: (i) the renewal of Kyrgyz Temir Jolu rolling stock and (ii) the rehabilitation of the Companys critical railway infrastructure in Boom Gorge, including an avalanche protective gallery construction and railway track rehabilitation.
Project Objectives
The Project contributes to strengthening countrywide and regional cross-border connectivity by increasing resilience of the Kyrgyz Republics rail infrastructure. The Project will also promote the commercialisation and corporatisation of KTJ and facilitate integration of climate risks management approaches into their operations in line with international best practice.
The proposed strategic engagement is in line with the Banks Strategy for the Kyrgyz Republic (BDS/KY/19-01(Final)), the Transport Sector Strategy (BDS19-172(Final)), and the Green Economy Transition Approach 2021-2025 (BDS20-082(Final)). |
| Funded By |
European Bank for Reconstruction and Development (EBRD) |
| Country |
Kyrgyz Republic , All Region |
| Project Value |
KGS 12,100,000
|
