Insufficient funding from China's grant to Kazakhstan may be allocated towards bridge construction in Semey.
News Article: Construction Progresses on Semey Bridge Funded by China's Grant
The construction of a new bridge in Semey, Abai region, is underway, with 6 out of 9 bridge pillars already installed. The project, funded partly by China's grant aid, has been allocated 16.7 billion tenge from the republican budget, with 10.3 billion tenge earmarked for 2023, including 5.5 billion already spent.
The bridge, spanning 810 meters and boasting a width of 21.5 meters, is expected to be completed between 2022 and 2024. However, recent updates reveal that the project completion date has been revised to August 2026 due to unforeseen challenges and funding shortfalls.
An additional 19 billion tenge is needed to complete the bridge construction. The government has been tasked with addressing these funding issues following the "Central Asia - China" summit held in Astana in June, where China announced the provision of grant aid worth 1.13 billion tenge for Central Asian countries.
The president of Kazakhstan has shown support for the use of China's grant for the bridge construction, but no new information about the specific amount of the grant allocated for this project has been provided.
In related news, the water supply network layout in the Abai region has received over 10 billion tenge from the returned funds.
For those seeking the latest figures or detailed status reports, it is recommended to check with the relevant Kazakhstani infrastructure authorities or official announcements related to Chinese grant aid projects in the Abai region.
The bridge construction, funded partly by China's grant aid, is not only a significant development in the industry, but also requires additional finance to meet the revised completion date in August 2026. In light of the Central Asia - China summit held in Astana, it's hoped that China will provide further grant aid to address the funding shortfall.