BAKAD AT A GLANCE
PROJECT GENERAL PLAN
Basic Technical Parameters
ESIA & Technical Appendices
Environmental and Social Management Plans
Environmental and Social Action Plan
Key Documentation for the Project Affected Persons
As a part of the Western China – Western Europe International Transit Corridor, which is among the largest global infrastructure projects, Kazakhstan plays an integral role as it is been regarded as a crossroad of the great silk way that connects South East Asia with Europe and the Middle East.
While Kazakhstan is a vital part of the overall corridor, it is expected that the initiative will also boost global trade and employment in the region
Big Almaty Ring Road Project (“BAKAD”, “Project BAKAD” or the “Project”) was tendered on January 2015 by the Ministry for Investment and Development of the Republic of Kazakhstan under the new PPP legislation.
The Big Almaty Ring Road project, is the first public-private partnership (“PPP”) structured under the new regulatory framework for such ventures in Kazakhstan as well as being the first sizeable privately financed project outside the oil and gas sector
While BAKAD is the first PPP structure of its type in whole of Central Asia, it is also the first significant privately financed project outside of the oil and gas sector in Kazakhstan.
The project is a pivotal part of the Western China – Western Europe Transit Corridor, a global infrastructure initiative backed by reputable global institutions.
Acting as a crossroad that connects South East Asia and Europe and the Middle East, the project will allow ease of trade and land transportation on various economic activities.
The Project is undertaken by BAKAD Investment and Operation LLP formed by Turkish – Korean Partnership of highly reputable firms, which have extensive experience not only in infrastructure projects in the region but also in PPP projects around the world.
Upon completion of BAKAD, the project will serve as a blueprint for new PPPs in Kazakhstan in the transportation sector as well as in other sectors that needs to attract private funding.