EBRD Does Not Negotiate with the Akimat on Construction of the Ski Resort «Kokzhailau»

KZH_0061-sOn October 10, 2017, representatives of the public, including the Ecological Society «Green Salvation», appealed to the director of the European Bank for Reconstruction and Development in Kazakhstan not to finance the construction of a ski resort in the Kok-Zhailau valley.

This appeal was sent in response to the Almaty Deputy Mayor A.Madiev’s statement at the International Investment Forum on October 5, who started talking again about the construction of a ski resort on the territory withdrawn from the Ile-Alatau National Park. In particular, A.Madiev stated: «We are looking for investors for this project. We are negotiating with the largest bank—the European Bank for Reconstruction and Development» (1).

On October 23, the Ecological Society «Green Salvation» received a response from the office of the European Bank for Reconstruction and Development in Kazakhstan. It says that the bank is working with the akimat on a project to develop light rail transport in Almaty. «Currently, no other projects are being developed, nor discussed with the Almaty City Akimat».

Letter in Russian.

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European Bank
for Reconstruction and Development

To: Mr. Kuratov S.G.

# 3022/K
October 20, 2017.

Dear Mr. Kuratov!

In response to your letter of October 10, 2017, let me inform you about the following: the European Bank for Reconstruction and Development (EBRD) is an international financial institution that was created to advance transition to a market-oriented economy, as well as development of private and entrepreneurial initiatives. Environmental protection and a commitment to sustainable energy also play a central role in the EBRD’s activities. In Kazakhstan, the Bank promotes these principles in all projects that it finances. The bank operates in all regions of the country, and in Almaty, it has an honour to work with the city akimat on drafting a public-private partnership for development of LRT in Almaty. Currently, no other projects are being developed, nor discussed with the Almaty City Akimat.

Sincerely,
[signature]
Agris Preimanis
Director, Head of Kazakhstan office,
EBRD

41 Kazybek Bi, 3d floor, Almaty, Kazakhstan, 050010
Tel.: +7 727 332 00 00 Fax: +7 727 258 14 22
www.ebrd.com

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