| Project Detail |
Description of the project Purchase of 28 Talgo passenger cars, 5 eight-car electric trains and 52 passenger cars. Providing the national carrier with new, high-quality wagons for organizing high-speed traffic. The project was implemented within the framework of the State Program for Infrastructure Development "Nurly Zhol" for 2015-2019.
Borrower Development Bank of Kazakhstan JSC JSC "Vagonservice" (Borrower-1) and JSC "Passenger transportation" (Borrower-2)
Products and services
Leasing of Talgo passenger cars;
Project financing structure Project cost 25 400 814 320.00 tenge (100%)
Participation of Development Bank of Kazakhstan JSC, in the context of financing currencies 5,000,000,000.00 tenge (19.7%)
Borrowers own participation 20 400 814 320.00 tenge (80.3%)
Participation in project financing of other creditors Not provided
Conditions for the provision of a financing instrument for Development Bank of Kazakhstan JSC Funding currency Kazakhstani tenge
Financing instrument type Long-term lending for investment projects
Remuneration rate 1.75%
Loan term Up to 20 years
Sources of financing Raised funds (including funds from the National Fund of the Republic of Kazakhstan) |
