EBRD to support Almaty fast tram project

摘要

The European Bank for Reconstruction and Development (EBRD) and the municipal government of Almaty signed a memorandum of understanding on November 7 for the development of a 14km light rail line in the city. The so-called fast tram will replace the existing tram lines between Momyshuly Street, Makateyev Street, and Zhetysu Street. The EBRD says the line will be the first major urban transport project in Kazakhstan to be implemented as a PPP.