Perspective
06 March 2018
Almaty Ring Road PPP: A knotty template
In:
Infrastructure, Transport
Region:
Asia-Pacific
The DFI-backed Almaty ring road PPP is being promoted as the financing template that will kick-start the Kazakh PPP market. But it comes with a knot of heavy sovereign guarantees that the Kazakh government may not be willing to provide for future projects.
