Astana Light Metro project

7/5/2015
Project development, Project finance

$ 1.6 billion

Announced

7/5/2015


Overview:

  • The Astana Light Metro project is a planned light rail, rapid transit system located in Astana, Kazakhstan.
  • Project authority Astana LRT signed an agreement with a consortium of China Railway International Group and Beijing State-Owned Assets Management for construction of the first phase of the capital’s light rail project on May 7 2015.
  • The light metro is part of Nazarbayev's Kazakhstan 2030 economic plan to transform the country into an economic power.

Adam Majeed - Regional editor

Jurisdiction:

Kazakhstan

Deal types:

Project development
Project finance

Practice areas:

Project finance
Project development

Industry sector:

Transport


Firms:

Party: China Development Bank (Lender)


Party: China Development Bank (Lender)