Mr. Bakhyt Sultanov Minister of Finance Ministry of Finance Astana Republic of Kazakhstan Re: East-West Roads Project (Almaty-Khorgos Section): Western Europe - Western China International Transit Corridor (CAREC - 1b) (Loan No. 8156-KZ) Amendment to...May 5th, 2020
FiledMay 5th, 2020We refer to the Loan Agreement between the Republic of Kazakhstan (“Borrower”) and the International Bank for Reconstruction and Development (“Bank”) dated October 10, 2012, (“Loan Agreement”). We also refer to a letter from the Borrower’s Ministry of Finance, dated February 10, 2017 requesting the Bank to restructure the Project and to make certain amendments to the Loan Agreement in view of the proposed restructuring.