Almaty Intelligent Transportation System

cancelled

Translated version of this PSD: Russian The EBRD is considering providing a senior loan of up to KZT 3 billion, or equivalent in USD (the “Loan”) to finance the intelligent transport system (“ITS”) in the city of Almaty (the “Project”). Such a system will help Kazakhstan’s busiest city to manage its traffic better and make it safer. The Project components will include elements such as adaptive controlled traffic signals to smooth traffic flow and prioritise public transport units, electronic variable message signs to guide motorists on busy corridors during rush hours, CCTV monitoring of traffic conditions, communications networks (e.g., fibre-optics) to feed real-time data, and a modern traffic control centre. Transition impact stems from the following Project achievements: City of Almaty and its Transport Management Agency. Senior Loan of up to KZT 3 billion co-financed with a capital grant from the City. KZT 6 billion. The proposed project has been categorised B in accordance with the 2008 EBRD Environmental and Social (E&S) Policy, as the potential impacts are expected to be site specific and readily identifiable and addressed through mitigation measures. The environmental and social due diligence for the project, which is ongoing with EBRD TC funds, includes an independent third party environmental and social audit to assess the client’s management capacity and systems to manage environment, health, safety and labour issues in its operations and an analysis of the potential (future) E&S impacts and benefits. It will also assess the client’s ability to carry out the Project in compliance with the Bank’s Performance Requirements. An Environmental and Social Action Plan (ESAP) will be prepared for the project, and a Stakeholder Engagement Plan will be developed including a grievance mechanism, and information on environmental and social performance as well as a summary of the agreed Action Plan will be released to stakeholders. This PSD will be updated when the results of due diligence are known. The following technical co-operation (“TC”) assignments are envisaged as part of this project: Pre-Signing Post-Signing