FRAMEWORK FINANCING AGREEMENTFramework Financing Agreement • April 18th, 2011
Contract Type FiledApril 18th, 2011Parties This Framework Financing Agreement (―FFA‖) dated 7 April 2011 is between the Republic of Kazakhstan (Kazakhstan, Borrower) and Asian Development Bank (―ADB‖). MFFInvestment Program Borrower is planning to carry out the reconstruction of the road sections of CAREC Corridor 2 in Mangystau oblast ("Investment Program"). The Investment Program is an integral part of the Transport Infrastructure Development Program of the Republic of Kazakhstan for 2010–2014 (TIDP) and CAREC Transport and Trade Facilitation Strategy and Action Plan. The Investment Program and the roadmap are described in Schedule 1 hereto.The total cost of the Investment Program is expected to be $1.2 billion equivalent. Multitranche Financing Facility The Multitranche Financing Facility (the Facility) is intended to finance projects under the Investment Program, provided that such projects comply with the criteria set out in Schedule 4 hereto and that understandings set forth in this FFA are complied with.The Facil