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A Sustainable Asset Valuation Assessment of Building and Transport Infrastructure Investment in the Shymkent–Tashkent–Khujand Economic Corridor
The report outlines a methodological framework for evaluating infrastructure in the Shymkent–Tashkent–Khujand economic corridor, comparing 'business-as-usual' scenarios with sustainable alternatives for transport and buildings. It proposes shifting from road-based freight to electrified rail and adopting green building standards to reduce CO2 emissions, lower operational costs, and improve health and employment outcomes. The assessment utilizes the SAVi methodology to integrate externalities, such as the social cost of carbon and health impacts, into a comprehensive cost-benefit analysis.
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Document type: Report
A Sustainable Asset Valuation of Sustainable Infrastructure in Kazakhstan
The SAVi assessment concludes that a sustainable infrastructure scenario—combining railway expansion and sustainable buildings—would generate a cumulative discounted net benefit of KZT 2,424 billion (USD 5,259 million) between 2022 and 2050. While a traditional benefit-cost ratio (BCR) of 0.82 would suggest the project is not investment-worthy, the sustainable benefit-cost ratio (S-BCR) is 8.53 when accounting for societal and environmental externalities. The most significant economic driver is the value added from freight trade, totaling KZT 2,452 billion (USD 5,319 million), assuming a 60% shift from road to rail transport. The report recommends prioritizing electrified rail and energy-efficient buildings to reduce CO2 emissions and operational costs, noting that solar power is cheaper than fossil fuel generation for the project's energy needs.
AI-generated
This summary is written by a language model reading the source document. It is not the publisher's words and is not a substitute for the original.
Document type: Executive summary