Almaty, Kazakhstan, April 27, 2015 –
IFC, a member of the World Bank Group, is advising the Kazakh government
on a landmark public-private partnership transaction to build and operate
a tolled bypass to the north of Almaty, a project that is expected to drive
economic development in the fast-expanding city.
The initiative reached an important milestone
last week as officials released a shortlist of five consortia that will
vie for the project. The winning bidder, to be selected after September
15, 2015, will design, build, finance, operate, and maintain the 66-km
“The tremendous interest and sheer number
of bidders for the project demonstrate strong investor interest in Kazakhstan.
This is a testimony to the strong commitment by the Government of Kazakhstan
to increasing private sector participation in the country, including in
public-private partnerships,” said Moazzam Mekan, IFC Regional Manager
for Central Asia.
This is the first project of its kind in Kazakhstan’s
road sector. IFC is advising the Ministry of Investments and Development
on an international tender – launched on January 14 - to select the private
The road, which will cost an estimated $680
million, is expected to reduce travel times around Almaty and greatly improve
access to markets for local businesses, stoking economic development.
Nine consortia submitted bids during the first
stage of an international tender process. The shortlist includes:
Alsim Alarko Sanayi Tesisleri Ve Ticaret (Turkey), Makyol Insaat Sanayi
Turizm Ve Ticaret (Turkey), SK Engineering and Construction (South Korea),
Korea Expressway Corporation (South Korea);
IC Ictas Insaat Sanayi Ve Ticaret (Turkey), IC Ictas Altyapi Yatirimlari
Ve Isletme (Turkey), Astaldi (Italy), Astaldi Concessioni (Italy), Intertoll
Infrastructure Development (Netherlands);
Vinci - BI Group, including Concessoc 21 and Concessoc 9 (Vinci, France)
and BI3P Projects (BI Group, Кazakhstan);
Corsan-Corviam Construction S.A (Spain), Gulsan Insaat Sanayi Turizm Nakliyat
Ve Ticaret (Turkey), Egis Investment Partners (France);
CITIC Construction (China) and KazStroyService (Kazakhstan).
IFC, a member of the World Bank Group, is
the largest global development institution focused exclusively on the private
sector. Working with private enterprises in about 100 countries, we use
our capital, expertise, and influence to help eliminate extreme poverty
and boost shared prosperity. In FY14, we provided more than $22 billion
in financing to improve lives in developing countries and tackle the most
urgent challenges of development. For more information, visit www.ifc.org.