| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 92.43 |
| Borrower/Recipient | 0.25 |
Kazakhstan Digital Acceleration for an Inclusive Economy (DARE) Project
Abstract*
The largest landlocked country in the world located at the crossroads of Europe and Asia, Kazakhstan, is a resource-rich, upper-middle-income economy that – prior to the Coronavirus (COVID-19) pandemic – demonstrated robust economic growth and poverty reduction but remained largely dependent on its natural resources and vulnerable to climate change.
Despite being a landlocked country, Kazakhstan has multiple international gateways, ensuring sufficient... Show More
Development Objective
To provide access to high-quality and climate resilient broadband infrastructure in selected unserved and underserved areas of Kazakhstan.
Key Details
Project Details
P179204
Active
Natalija Gelvanovska-Garcia , Mikhail Bunchuk
Republic of Kazakhstan
October 31, 2023
(as of board presentation)
February 22, 2024
N/A
US$ 100.00 million
Republican State Institution Telecommunications Committee of MDDIAI
2024
US$ 92.43 million
N/A
April 12, 2023
December 31, 2028
TBD
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 92.43 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 92.43 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 100.00 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Feb 22, 2024 | IBRD-96490 | Loan Commitment | 92,430,000.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Overall Implementation Progress (IP) | Satisfactory | 2024-10-16 |
| Progress towards achievement of PDO | Satisfactory | 2024-10-16 |
| Project Management | Satisfactory | 2024-10-16 |
| Financial Management | Satisfactory | 2024-10-16 |
| Monitoring and Evaluation | Satisfactory | 2024-10-16 |
| Procurement | Satisfactory | 2024-10-16 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
No data available.