Kazakhstan, Feb. 20 -- The World Bank's Board of Executive Directors approved a $846 million IBRD guarantee to mobilize $1.41 billion in long-term commercial financing for a major rail connectivity project along Kazakhstan's section of Trans-Caspian International Transport Route (Middle Corridor), a strategic trade route linking Asia and Europe.The Transforming Rail Connectivity in Kazakhstan (Middle Corridor Development) Project aims to improve the efficiency and resilience of the country's rail network while strengthening the financial sustainability and commercial viability of Kazakhstan Temir Zholy (KTZ), the national railway operator. The project will reinforce Kazakhstan's role as a key Eurasian transit and logistics hub, supporting e...