Business

World Bank to Invest in Rail Connectivity, Logistics in Kazakhstan

By Staff Report on 23 February 2026

ASTANA – The World Bank’s Board of Executive Directors approved on Feb. 19 an $846 million IBRD guarantee to mobilize $1.41 billion in long-term commercial financing for a major rail connectivity project along Kazakhstan’s section of the Trans-Caspian International Transport Route, or the Middle Corridor, a strategic trade route...