EBRD to lend $50 million to Kazakh railways operator
“The EBRD loan will support Kaztemirtrans’ investment program and will finance the acquisition of 1,000 new freight wagons, helping the company to improve its efficiency and reduce maintenance costs. The project is supported by grant financing from the Bank’s Shareholder Fund to help KTZ strengthen its corporate governance,” EBRD said in a statement.
SOURCE: http://silkroadintelligencer.com/2010/03/31/ebrd-to-lend-50-million-to-kazakh-railways-operator/
Tags: banks, EBRD, Investment, Kazakhstan
