Askar Mamin discusses implementation of joint projects in Kazakhstan with EBRD President Odile Renaud-Basso

Prime Minister Askar Mamin held talks with President of the European Bank for Reconstruction and Development Odile Renaud-Basso.

“During the period of the EBRD's presence in Kazakhstan, 280 projects have been financed for a total of over $9.4 billion, 66% of them in the private sector. Investments were directed to the implementation of projects in priority sectors of the economy, such as infrastructure, energy, agriculture, IT, finance, housing and communal services, as well as small and medium business,” Mamin said.

The parties discussed the implementation of the program for decarbonization of the energy sector of Kazakhstan, the EBRD projects of Green Cities, the modernization of sewage treatment facilities, as well as support for small and medium-sized businesses.

Particular attention was paid to the projects for the construction of the Big Almaty Ring Road, the hospital named after Asfendiyarov in Almaty and other healthcare facilities within the framework of public-private partnerships.

Following the talks, Minister of National Economy Aset Irgaliyev and the head of the EBRD for Kazakhstan Agris Preimanis signed a Framework Agreement on partnership between the Government of Kazakhstan and the EBRD to expand cooperation aimed at promoting sustainable development and growth of the country.

The document covers the issues of supporting the private sector, attracting foreign direct investment in the economy of the Republic of Kazakhstan, developing a green economy through the introduction of modern energy-efficient and resource-saving technologies, promoting innovation and digitalization through the development of venture financing, strengthening the legal and institutional framework for PPPs, achieving financial and environmental sustainability in the transport and housing and communal infrastructure and other aspects of interaction.

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