News

Kazakhstan farmers to become key players in regional meat exports

The World Bank and the Ministry of Agriculture of the Republic of Kazakhstan publicly discussed the details of the proposed Sustainable Livestock Development Project aimed at facilitating the development of an environmentally sustainable, inclusive, and competitive livestock sector in Kazakhstan.

EBRD president praises Kazakhstan’s investment potential

In addition to its geographical location at the crossroads of transcontinental trade routes connecting Europe and Asia and being a key component of the Belt and Road Initiative, Kazakhstan also offers an attractive investment climate, abundant resources in renewable energy, and “high quality human capital,” according to EBRD President Suma Chakrabarti.

ADB to help improve connectivity, road safety in Kazakhstan

The Asian Development Bank (ADB) has approved a $167.02 million loan for a project that will rehabilitate and reconstruct 89 kilometers of road between Aktobe and Kandyagash, which will connect major trade routes in Kazakhstan and improving the country’s connectivity, trade activities, and road safety.

EBRD and Green Climate Fund commit up to $6.4 million to finance new solar plant in Kazakhstan

The EBRD, in partnership with the Green Climate Fund (GCF), is stepping up its efforts to support renewables in Kazakhstan with a loan of up to $6.4 million to finance a new 10 MW solar plant in the Zhanakorgan District in southern Kazakhstan.

EBRD extends renewable energy program for Kazakhstan

The EBRD is pledging fresh funds to support Kazakhstan’s drive as a regional leader to promote renewable energy, with the help of a second phase of the Bank’s Kazakhstan Renewables Framework of up to €300 million.

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.