• Sign in
  • 1744009905_435.svg 1744009905_642.svg

  • Latest news
  • Top headlines
  • Most read
  • Columnists
O'zbekcha
Ўзбекча
Русский
  • O'zb
  • Ўзб
  • Рус
  • Eng
  • O'zb
  • Ўзб
  • Рус
  • Eng
  • Latest news
  • Top headlines
  • Most read
  • Columnists
    • USD12496.94
    • RUB159.38
    • EUR14405.22
    • Google play
    • App Store
    • Telegram
    • Tashkent
      +28°C
      • Andijan
      • Karshi
      • Bukhara
      • Samarkand
      • Ferghana
      • Sirdarya
      • Jizzakh
      • Termez
      • Namangan
      • Tashkent
      • Navoiy
      • Tashkent reg
      • Nukus
      • Urgench
    • Daryo
      • About Daryo
      • Editorial office
      • Contact us
      • Terms of use
      • Privacy policy
      • News archive
    • Advertisement
    • Social networks
      • Instagram | Main
      • Instagram | Lifestyle
      • Instagram | Sport
      • Facebook | Main
      • OK | Main
      • YouTube | Daryo
      • YouTube | Daryo in Russian
      • YouTube | Daryo Global
    Telegram Youtube Facebook Instagram Twitter vkontakte
    Daryo logo white
    • Uzbekistan
      • Others
      • Navoi
      • Tashkent region
      • Syrdarya
      • Jizzakh
      • Kashkadarya
      • Surkhandarya
      • Khorezm
      • Bukhara
      • Samarkand
      • Namangan
      • Fergana
      • Andijan
      • Karakalpakstan
      • Tashkent City
      • DaryoKindness
      • Weather
    • Central Asia
      • Uzbekistan
      • Afghanistan
      • Kyrgyzstan
      • Kazakhstan
      • Turkmenistan
      • Tajikistan
    • World
    • Money
      • Business
      • Economics
      • Finance
      • Crypto
    • Culture
      • Movies
      • Books
      • Music
      • Celebrities
    • Lifestyle
      • Women only
        • Children
        • Beauty
        • Carrier
        • Advises
        • Fashion
        • Recipes
      • Technology
        • Architecture
        • Gadjets
        • Science
        • Space
        • Media
      • Auto
      • Entertainment
      • Travel
      • Health
      • Education
        • Entrant
        • Learn english
    • Sport
      • Football
      • UFC
      • Boxing
    infinix
    Daryo.uz - Login
    Daryo.uz Daryo.uz
    Daryo.uz - Login
    Kazakhstan

    Kazakhstan, EBRD forge ahead with expanded investment plans

    Kazakhstan, EBRD forge ahead with expanded investment plans

    Deputy Prime Minister and Minister of National Economy Nurlan Baibazarov recently met with Hüseyin Özhan, Acting Managing Director for Central Asia and Mongolia at the European Bank for Reconstruction and Development (EBRD). Their discussions centered on ongoing projects and the EBRD’s plans to ramp up investment in Kazakhstan.

    Photo: EBRD plans to double investments in Kazakhstan's economy this year
    Source: Official information resource of the Prime Minister of Kazakhstan

     

    Highlighting the crucial role of foreign investments in fostering sustainable socio-economic growth, both parties underscored the significance of the EBRD’s expanded financial commitment. According to Hüseyin Özhan, the EBRD aims to double its investments in Kazakhstan’s economy this year.

    One of the key initiatives includes a substantial partnership with Kazakhstan's electricity grid management company, Kazakhstan Electricity Grid Operating Company (KEGOC), aimed at enhancing electricity supply reliability in the western region. 

    Previously, the EBRD supported the construction of new wastewater treatment facilities in Aktobe and contributed funds to expand production facilities for Araltuz, a leading table salt producer. Additionally, the bank has actively promoted women's and youth entrepreneurship initiatives.

    Photo: Hüseyin Özhan, Acting Managing Director for Central Asia and Mongolia at EBRD
    Source: Official information resource of the Prime Minister of Kazakhstan

     

    In a notable achievement, the newly opened passenger terminal at Almaty airport, completed ahead of schedule in June 2024, also received financial backing from the EBRD. The bank further participated in the initial public offering (IPO) of Kazakhstan's national air carrier, Air Astana.

    Expressing Kazakhstan’s commitment to deeper collaboration, Deputy Prime Minister Nurlan Baibazarov affirmed the country’s readiness to partner with the EBRD on projects spanning energy, transportation, logistics, renewable energy, and private sector development. He emphasized Kazakhstan’s support for the EBRD’s strategic focus on private sector investments.

    Since its inception in Kazakhstan, the EBRD has invested €10.2bn across 324 projects, with a current portfolio of 121 projects valued at over €2.9bn.

     

    Follow Daryo's official Instagram and Twitter pages to keep current on world news.

    06.07.2024, 20:13   Comments (0)   1541
    Facebook Twitter LinkedIn Telegram Email

    Comments (0)

    Sign in
    Leave A Reply Cancel

    On this topic

    EBRD funds wastewater treatment plant in Aktobe, Kazakhstan 

    19.03.2024, 09:30

    Kazakhstan pledges to cut methane emissions, with $536 mn in EBRD initiative

    18.04.2024, 19:46

    EBRD and Kazakhstan sign MoU to modernize mining sector

    18.05.2024, 21:31

    Kazakhstan and UNDP spearhead projects worth $200mn to boost economic development 

    06.07.2024, 09:01

    Kazakhstan fintech market sees exponential growth: key trends and future outlook

    05.07.2024, 21:38

    China-Kazakhstan trade hits record $41bn in 2023 

    04.07.2024, 23:25
    ×Lightbox Image

    Daryo.uz | Solution to your problems


    Don't want to waste time standing in lines? Pay your utility bills through the Ipoteka Retail mobile app?


    Beeline Uzbekistan started 2025 with a significant network modernization


    Beepul 's rising popularity: 3.5x user growth, transaction up 2.3x in 2024


    More than 500,000 new users: residents of Uzbekistan choose the Hambi superapp

     

    Recommended

    Iran as the pressure point: How Washington’s campaign against Tehran seeks to undercut China and Russia - and why Central Asia risks the fallout

    19 June, 12:24

    "Visa simplification with Uzbekistan could be on the table," EU Ambassador Klaar points out

    11 June, 12:12

    “Uzbekistan is undergoing large-scale reforms and transformation,” says EU business leader at TIIF

    11 June, 08:34

    Central Bank warns half of monthly income goes to loans as debt burden rises in Uzbekistan

    3 June, 12:34
     
     
     

    Latest news

    Uzatom, Rosatom partner to develop ionization centers for medical and agricultural use in Uzbekistan

    Uzbekistan | 22 June, 16:33

    Uzbekistan could be affected by radiation from Iran in certain weather conditions, expert says

    Uzbekistan | 22 June, 12:30

    Foreign car prices in Uzbekistan see sharp decline in May

    Uzbekistan | 22 June, 10:30

    Uzbekistan, Afghanistan ink $9.5mn leather footwear export deal

    Uzbekistan | 21 June, 15:50

    Locusts sweep across 500,000 hectares in Uzbekistan as authorities intensify control measures

    Uzbekistan | 21 June, 12:32

    Uzbekistan's Kashkadarya region poised for $15bn growth as Mirziyoyev pushes reforms and investment

    Uzbekistan | 21 June, 10:36

    Kazakhstan boosts waste recycling from 1% to 25% in a decade, targets 40% by 2030

    Kazakhstan | 20 June, 15:30

    Uzatom, Rosatom sign agreement to explore feasibility of high-capacity nuclear plant in Uzbekistan

    Uzbekistan | 20 June, 14:36
    Daryo About Us

    Full reproduction or partial quoting of material, as well as the use of photographic, graphic, audio and/or video materials of Daryo (the Uzbek Press and Information Agency (UzAPI, now the Agency for Information and Mass Communications under the Presidential Administration of the Republic of Uzbekistan) is registered on 13.03.2015 with certificate number No. 0944 as a mass media) is allowed if there is a hyperlink to the website daryo.uz and/or are accompanied by a note indicating the authorship of the online publication Daryo. Individual publications may contain information that is not intended for users under the age of 18. Info@daryo.uz

    Telegram Youtube Facebook Instagram Twitter vkontakte

    © Simple Networking Solutions, 2013–2025

    Age restriction

    Did you find a bug? Press Ctrl + Enter

    • Terms of use
    • Privacy policy
    • Advertisement
    What are we going to search for?

    Sign In or Register

    Welcome Back!

    Login below or Register Now.

    Google

    or with email

    Leaving a comment, Пользовательского соглашения and Политики конфиденциальности

    Register Now

    Already registered? Login.

    Google

    or with email

    A password will be e-mailed to you.

    Leaving a comment, Пользовательского соглашения and Политики конфиденциальности

    Found an error in the text?

    ×

    Thank you. We have received your message and will fix the error as soon as possible.