| 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) |
