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The EBRD and the International Finance Corporation, an arm of the World Bank, have contributed $150 million each towards the project’s $780 million total costs, the bank said in a statement late on Monday.
The EBRD and IFC are also mobilising equal parallel loans totalling $78 million from the Eurasian Development Bank and German development finance institution DEG.
TAV Airports took over the Almaty airport this year, saying it would double its capacity.
