Majilis ratified agr't between Kazakhstan and IBRD

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ASTANA. KAZINFORM Today the Majilis approved the draft law "On ratification of the Loan Agreement (the second phase of the irrigation and drainage systems improvement project) between the Republic of Kazakhstan and the International Bank for Reconstruction and Development (IBRD).

"The given project covers irrigated lands up to 113,000 ha in the Almaty, Zhambyl, South Kazakhstan, Kyzylorda regions," Kazakh Agriculture Minister Asylzhan Mamytbekov said representing the bill. The project worth USD 339,5 mln is co-financed by the IBRD loan funds and national budget. Realization of the project will come to an end December 31, 2021.

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