News

In Almaty, sharing knowledge to strengthen energy and water security across Central Asia

In Central Asia, energy and water security are critical to boosting income levels, reducing poverty, and ensuring sustainable development for all citizens across the region. This cannot be achieved, however, without enhanced cooperation at both the national and regional level.

World Bank Support will improve transport links, increase access to markets in Kazakhstan

The World Bank Board of Directors approved a $978 million loan to improve transport links along the Kazakhstan Center West Corridor and strengthen the capacity of the local authorities to better manage and preserve roads.

EBRD cofinances key Center-South highway in Kazakhstan

The European Bank for Reconstruction and Development (EBRD) is continuing to promote modern infrastructure and regional connectivity in Central Asia by supporting a key road link in Kazakhstan.

ADB president calls for CAREC to boost regional cooperation efforts

In his keynote address at the CAREC Ministerial Conference, ADB President Takehiko Nakao said that in the current difficult global economic environment, CAREC countries should further strengthen regional cooperation and integration efforts.

Kazakhstan launches energy efficiency project

The Ministry of Investments and Development jointly with the World Bank officially launched the Kazakhstan Energy Efficiency Project to improve the energy efficiency in public and social facilities and to create the enabling environment for sustainable energy efficiency financing.

EBRD moves to new address in Astana, Kazakhstan

The EBRD’s team in Astana, the capital of Kazakhstan, has moved to new offices, which highlights growing EBRD investment in the country.

EBRD helps improve district heating in Kazakhstan

The EBRD, with the support of the Climate Investments Funds (CIFs), is helping the citizens of Pavlodar in Kazakhstan enjoy better heating services.

ADB VP visits Kazakhstan to discuss partnership, attend economic forum

Asian Development Bank (ADB) Vice-President Wencai Zhang is in Kazakhstan for a 2-day visit where he has been holding talks with government officials on partnership opportunities. He also delivered the keynote address at the 8th Astana Economic Forum.

EBRD finance brings modern trams to Kazakhstan city of Pavlodar

The EBRD is helping Pavlodar, a major city in the north-east of Kazakhstan, to modernize the tramway system that is crucial for public transportation in the city. Pavlodar, one of the oldest cities of Kazakhstan, is home to over 330,000 people and most of them use trams as their main means of transport.

EBRD lends $30 million in tenge for Kazakh rail company Eastcomtrans

The European Bank for Reconstruction and Development (EBRD) is stepping up its efforts to support the private sector in Kazakhstan by providing a financing package equivalent to $30 million for one of the largest private railway operators in the country, Eastcomtrans LLP.