Title:Aktobe Water Project - Corporate Development Programme
Budget:320,000 EUR
Country:Kazakhstan
Dates: September, 2016 - September, 2019
Partner:
Funding:EBRD

The Joint Stock Company Akbulak together with the Akimat of Aktobe Oblast and the Akimat of Aktobe City have requested the European Bank for Reconstruction and Development to provide technical assistance for Aktobe Water project to upgrade the water and wastewater services in the city of Aktobe resulting in enhanced energy efficiency and reduction in water consumption and water losses in the system.

The Company now intends to retain a consulting company to support the Company and the Project Implementation Unit to improve its commercial standing, service and environmental and social performance by helping to identify and implement the necessary corporate, financial and operational improvements required to meet the related financial ratios and good commercial standing operational covenants included in the EBRD finance documents. The Company will be the major beneficiary of the services rendered by the Consultant and will have overall responsibility for the project.