Good but we've questions:
1) why borrow in SFR?
2) MIGA guarantees cross-currency risks too?
🤔
#AIIB to Lend $150 Million for #Almaty #Railway Bypass Project #AstanaTimes
"As part of a broader financing package, the International #Finance Corporation (IFC), AIIB and the Multilateral Investment Guarantee Agency (MIGA) will jointly provide up to $300 million equivalent in #Swissfranc-denominated support to #KTZ, combining #IFC and AIIB #investment with a #MIGA #guarantee"
https://astanatimes.com/2026/01/aiib-to-lend-150-million-for-almaty-railway-bypass-project/

#AstanaTimes: #Cargo #Transportation Along Middle Corridor Soars 88%, Reaches 2 Million Tons in 2023
"Overall, the transit time along the TITR was reduced from 38-53 days to 18–23 days. It is planned to reduce this period to 14–18 days in 2024, including within the territory of #Kazakhstan – from 6 to 5 days .. Kazakhstan’s strategic goal is to increase the capacity of the #MiddleCorridor up to 10 million tons by 2030" #CentralAsia #infrastructure #development #Asia
https://astanatimes.com/2023/12/cargo-transportation-along-middle-corridor-soars-88-reaches-2-million-tons-in-2023/

Explore Wonders of Naurzum: Kazakhstan’s Stunning UNESCO-Listed Reserve
"The #Naurzum national #naturereserve is a protected area in northern #Kazakhstan in the #Kostanai Region. It covers an area of around 191,000 hectares & was established in 1931 to protect the region’s unique flora & fauna. It was one of the very first reserves in #Eurasia to be included in the #UNESCO #WorldHeritage List in 2008."
#AstanaTimes #nature
https://astanatimes.com/2023/06/explore-wonders-of-naurzum-kazakhstans-stunning-unesco-listed-reserve/

#Kazakhstan #AstanaTimes
"It is important to keep in mind that wild tulips reproduce themselves by seeds & a #tulip seedling needs 10 to 17 years to bloom for the first time in #nature .. Kazakhs have cherished tulips for centuries. Gifting flowers was generally considered to be outlandish. #Kazakh ancestors cared about their environment, animals, & plants, evidenced by Kazakh proverbs, such as “the flowers are the beauty of the earth,” meaning they belong to the earth."
https://astanatimes.com/2023/04/blooming-beauty-forgotten-facts-about-kazakhstans-rich-tulip-heritage/

#AstanaTimes #democracy #CentralAsia
"as an #observer, he discovered several distinguishing features of the Kazakh parliamentary #election that the #UK might adopt. One of them is the fact that in #Kazakhstan, the elections are conducted on Sundays. “We always had our elections on a Thursday and people are extremely busy at work .. He was also impressed by the doctors that each polling station had. “That is just decency & consideration that we do not have in our country"
https://astanatimes.com/2023/03/there-is-something-to-learn-from-kazakhstans-election-foreign-observers-say/