News

Key link in the road from Tajikistan to the world

Tajikistan, one of the more remote and isolated countries in Asia, is becoming more accessible. The last unreconstructed part of the old highway within Tajikistan which connects Europe and Asia – part of the CAREC III corridor - will receive an upgrade thanks to investment from the European Bank for Reconstruction and Development and the Asian Development Bank.

EBRD and Kazakhstan support emergency response for oil and gas operations

The European Bank for Reconstruction and Development has teamed up with Kazakhstan’s Ministry for Emergency Situations with an agreement to develop large-scale emergency response capacity for offshore oil & gas projects, modernize crisis management centers, and develop effective international emergency coordination.

EBRD finances energy distribution system in Tajikistan

The European Bank for Reconstruction and Development (EBRD) is helping to modernize the distribution of electricity in Tajikistan with a loan that will improve energy efficiency in the power system and enhance power services to customers.

EBRD finances power transmission in Kazakhstan

The EBRD is helping to modernize the transmission of electricity in Kazakhstan with a loan that will improve energy efficiency in the system and increase electricity transmission capacities.

EBRD supports energy efficiency plan for Kazakh Railways

The European Bank for Reconstruction and Development has teamed up with Kazakhstan’s railway authorities with an accord to promote energy efficiency activities across the country’s railways network.

EBRD extends trade finance facility to VTB Kazakhstan

The European Bank for Reconstruction and Development (EBRD) is stepping up its support to Kazakhstan’s exporters and importers with a new $20 million trade finance guarantee facility to VTB Kazakhstan, a subsidiary of OJSC Bank VTB of Russia, to facilitate the financing of foreign trade at a time when lending to the real economy remains limited.

EBRD finances two district heating networks in Kazakhstan

The European Bank for Reconstruction and Development (EBRD) is providing JSC Central-Asian Electric Power Corporation (CAEPCO) with a facility which will support the modernization of district heating networks resulting in better and more efficient services for the people of northern Kazakhstan.

EBRD extends energy efficiency investments in Kazakhstan

The European Bank for Reconstruction and Development is helping to modernize Kazakhstan’s energy generation network with a senior secured loan of 3.1 billion Kazakh tenge (equivalent to €15 million) to AES Sogrinsk CHP power plant.

Kazakhstan’s Rail Sector

The EBRD is providing a $50 million loan to Kaztemirtrans, a subsidiary of the Kazakhstan’s national rail network operator Kazakhstan Temir Zholy (KTZ), to finance the renewal of the company’s rolling stock.

EBRD investment in renewal energy in Mongolia

The EBRD is promoting the development of renewable energy in Mongolia with a $700,000 equity investment in the first wind farm project in the country. About 60 wind turbines with a total capacity of 50MW are planned to be installed on the Salkhit Mountain, 70 km outside the capital Ulaanbaatar.