On 2nd June 2023, Egis was appointed to provide Operation & Maintenance (O&M) services to a ground-breaking Public Private Partnership (PPP) project for Kazakhstan. The newly built Big Almaty Ring Road (BAKAD) is expected to deliver a significant positive impact on quality of life and economic growth in Almaty and the region.
The BAKAD ring road creates a bypass route at the junction of two international highways, the Khorgos-Almaty-Beshkek-Taraz-Shymkent-Tashkent road (the “Silk Way”) and the Almaty-Karaganda-Astana-Petropavlovsk road. It runs around Almaty from the west to the east, along the city’s northern border, 20-25 km away from the city centre.
Starting June 2023, Egis will provide O&M services for the next 15 years, covering routine maintenance, winter maintenance, free flow toll collection (with no booths or gates), incident management, back-office management, and asset management strategy.
The BAKAD PPP is on behalf of the Government of Kazakhstan in co-operation with the European Bank for Reconstruction and Development (EBRD) and International Finance Corporation (IFC) as transaction advisors. The BAKAD consortium shareholding is split equally between Makyol, Alarko, and SK Ecoplant, each with 33.33% and Korean operator KEC with 0.1%.
The operating company BARR comprises Makyol and Alarko with 25%, SK Ecoplant with 10% and KEC with 40%. BARR has appointed Egis to deliver O&M services.
Almaty was the capital of Kazakhstan until the seat of government was moved to Astana some 20 years ago. Nevertheless, Almaty remains the nation’s financial hub and the largest city, with a population of around two million. As a result, Almaty is also known for its traffic. The ring road will divert a large proportion of transit traffic away from the streets of Almaty, reducing air pollution, improving connectivity, and increasing the speed of cargo transportation.
Egis’ strategic vision is to ‘Impact the Future’, putting our ingenuity at the service of our local communities all around the world. Every day, our people create concrete solutions that fight climate change, improve living conditions and keep people connected across land, air and sea. BAKAD project is in full alignment with this strategy.