World Bank to Invest in Rail Connectivity, Logistics in Kazakhstan

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – The World Bank’s Board of Executive Directors approved on Feb. 19 an $846 million IBRD guarantee to mobilize $1.41 billion in long-term commercial financing for a major rail connectivity project along Kazakhstan’s section of the Trans-Caspian International Transport Route, or the Middle Corridor, a strategic trade route linking Asia and Europe. The Transforming… The post World Bank to Invest in Rail Connectivity, Logistics in Kazakhstan appeared first on The Astana Times.