ALMATY -- Kazakhstan and the World Bank Group announced plans to jointly finance a $2.5 billion road project to help upgrade the trade route between Asian countries and Russia and Europe. It is expected to boost Kazakhstan's competitiveness and to bring significant economic benefits both to Kazakhstan and to the broader Central Asia region.

The agreement on Kazakhstan's largest transportation project was announced after meetings between Prime Minister Karim Massimov and World Bank Group President Robert B. Zoellick, who has just concluded a three-day visit to assess how the institution can better serve the Central Asian country.

Full Story...

Posted by boyang at June 23, 2008 4:12 PM