Kazakhstan

EDB investment portfolio

01/07/2021

85 projects

$3 878,8 million

37,9% of the total


Kazakhstan is, along with Russia, the founder and largest member of Eurasian Development Bank, accounting for about a third of its charter capital (US $500 million).

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Publications

Uzbekistan and the EAEU: Prospects and Potential Impact of Economic Integration
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EDB Macroeconomic Forecast. The Return of Inflation: For How Long and Should We Fear It?
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22 July 2021
The Eurasian Development Bank (EDB), the Astana International Financial Centre Authority (AIFCA), and the Ministry of Finance of Belarus signed an agreement to promote green finance in Belarus using the AIFCA Green Finance Centre (a subsidiary of the AIFC Authority)
28 June 2021
The Eurasian Development Bank (EDB) has co-arranged a placement of rouble-denominated sovereign bonds of Kazakhstan’s Ministry of Finance on the Moscow Exchange and Astana International Exchange Limited (AIX). The offering totalled RUB 40 billion, with maturities of five, seven, and ten years. The other arrangers are VTB Capital, Gazprombank, Moscow Credit Bank, Sberbank CIB, and First Heartland Securities
04 June 2021
The Eurasian Development Bank (EDB) and Eurasian Resources Group (ERG) signed a memorandum of cooperation during the St. Petersburg International Economic Forum. Under the memorandum, the EDB will consider extending a credit facility to Sokolov-Sarbai Mining Production Association (SSGPO) for pre-export financing and to finance the company’s investment programme
03 June 2021
The Eurasian Development Bank (EDB) and the Aktobe combined heat and power (CHP) plant signed a KZT 16 billion loan agreement to finance the expansion the plant’s capacity to 175 MW by construction of a gas turbine unit with a waste heat boiler.
12 May 2021
The Eurasian Development Bank (EDB) announces its seventh Eurasian Integration and Development in the 21st Century competition for the media and invites submissions. The first competition took place in 2015 and collected over 100 entries from the Bank’s member countries
27 April 2021
The Eurasian Development Bank (EDB), the AIFC Green Finance Centre, and the Kyzylorda Oblast Akimat signed a trilateral memorandum of cooperation to implement green and social projects in Kyzylorda Oblast
21 April 2021
The Eurasian Development Bank (EDB) and RenEll Co. Ltd. signed a mandate agreement to construct and operate general hospitals in two cities in Kazakhstan, one of which will be Kokshetau. The second one will be identified before 30 June 2021. The mandate agreement confirms the parties’ interest in arranging funding for the construction of hospitals to best international standards as soon as possible
13 April 2021
Representatives of the Eurasian Fund for Stabilization and Development (EFSD) managed by the Eurasian Development Bank (EDB) took part in a meeting of international financial institutions operating in Central Asia and the Caucasus. The event is traditionally organised by the International Monetary Fund (IMF) as part of the IMF/World Bank Spring Meetings
05 April 2021
The Eurasian Development Bank (EDB) and Batys Transit have implemented their joint public-private partnership (PPP) projects. In particular, the project to construct street lighting systems in Atyrau  (Phases 2 and 3) has been completed. Financing was provided by the EDB and totalled KZT 8 billion. The PPP facilities have been commissioned and handed over to the public partner
31 March 2021
The Eurasian Development Bank projects the aggregated GDP growth rate of its member countries at 3.3% in 2021, after a 3% decline in 2020. With progress in countering the pandemic, the easing of social distancing measures and favourable external economic conditions will be the key drivers of stronger consumer and investment demand. Most of the region’s economies will recover to pre-crisis levels by the end of 2021 and 2022. The EDB projects that the significant acceleration of inflation in the member states will be temporary, with inflation slowing down to an average of 4.5% year-on-year in the region by the end of 2021, from 6.3% year-on-year in February 2021. The risks according to the EDB’s projections remain high. Nevertheless, even with an unfavourable, prolonged pandemic, the Bank's member economies will be recovering in 2021.

Almaty Headquarters

Address:
220 Dostyk ave., Almaty, 050051, Republic of Kazakhstan

Nur-Sultan Representative Office

Address:
55/20 Mangilik El Avenue Block C4.1, 2nd floor Nur-Sultan,
Z05T3D0, Republic of Kazakhstan

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2021