News

ADB-supported irrigation project to improve Kazakhstan’s agricultural productivity

The Asian Development Bank (ADB) has approved a $249.8 million equivalent loan in local currency (tenge) to the Republican State Enterprise Kazvodkhoz, a state-owned enterprise dealing with water facilities, to help in the rehabilitation and improvement of irrigation networks serving 171,000 hectares of land in four provinces in Kazakhstan.

Kazakhstan adopts roadmap on dairy industry standards

Kazakhstan is strengthening its commitment to improving the safety of raw milk and dairy products with the signing of a roadmap in the country’s capital Nur-Sultan that will bring the national dairy industry to the level of the Eurasian Economic Union standards.

World Bank appoints new country manager for Kazakhstan

Jean-Francois Marteau, a French national, with over 20 years of experience in economic policy implementation and project management, has been appointed the World Bank's new Country Manager in Kazakhstan.

World Bank appoints new country manager for Kazakhstan

Jean-Francois Marteau, a French national, with over 20 years of experience in economic policy implementation and project management, has been appointed the World Bank's new country manager in Kazakhstan.

ADB’s $30 million loan to M-KAT Green opens new clean energy pathway in Kazakhstan

The Asian Development Bank (ADB) has signed an agreement for a $30.5 million loan in tenge equivalent to M-KAT Green LLP—a special purpose vehicle created for the project—to build and operate a solar plant to ease power supply shortages and boost the share of renewable sources in the country’s energy mix.

ADB Vice-President Shixin Chen meets Kazakhstan Prime Minister, reaffirms commitment to country partnership

Asian Development Bank (ADB) Vice-President Shixin Chen reaffirmed ADB’s commitment to further strengthen its partnership with Kazakhstan on his visit to the country from 14 to 18 May.

ADB, Baikonyr sign deal to develop solar power in Kazakhstan

The Asian Development Bank (ADB) signed a $11.5 million loan in tenge equivalent with Baikonyr Solar Limited Liability Partnership (Baikonyr Solar LLP) to support the development of solar power in Kazakhstan and further enhance the country’s energy security through increased renewable sources.

EBRD steps up support for renewable energy production in Kazakhstan

Renewable power generation is set to play a greater role in Kazakhstan’s energy mix as a result of financing led by the European Bank for Reconstruction and Development (EBRD) for the construction of a new 50MW solar power plant in the south of the country.

ADB President reaffirms support to CAREC at 17th Ministerial Conference

Asian Development Bank President Takehiko Nakao reaffirmed ADB’s support for CAREC and announced $2 billion in new assistance for regional projects in CAREC countries in 2018.

Reforms can accelerate economic diversification in Kazakhstan — ADB

Kazakhstan’s future growth depends on reforms that provide a level playing field for the private sector and support economic diversification, according to a new Asian Development Bank (ADB) Country Diagnostic Study.