Kazakhstan

EDB investment portfolio

01/04/2021

83 projects

$3 759,5 million

38,1% 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

Eurasian Economic Integration – 2019
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Macroeconomic Forecasts for 2021
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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.
26 March 2021
Unemployment rates in most of the Bank’s member countries remained moderate in 2020 and showed signs of decline in late 2020 – early 2021. Government anti-crisis measures have helped a lot in stabilising the labour market
22 February 2021
The Eurasian Development Bank (EDB) and RenEll Co. Ltd. (Company) signed a memorandum of cooperation in constructing and operating general hospitals in Kokshetau, Aktobe, Atyrau, Aktau, Taraz, Pavlodar, and Karaganda (Kazakhstan) to be built based on public-private partnership arrangements
17 February 2021
Nikolai Podguzov, Chairman of the Management Board of the Eurasian Development Bank (EDB), and Sergey Kogogin, Director General of KAMAZ, signed preliminary indicative terms of financing the development of the model range and the upgrade of production facilities of Russia’s largest automobile corporation. According to the document, the Bank will provide a five-year loan facility for a total of RUB 12 billion, in particular to set up the production of axle drives and a foundry in an industrial zone in Kostanai (Kazakhstan). The foundry will manufacture axle casings, cylinder blocks, and cylinder heads for the new K5 generation trucks
04 February 2021
The Eurasian Development Bank (EDB) and the Ministry of Trade and Integration of the Republic of Kazakhstan (MTI) signed a memorandum of cooperation to establish and develop long-term, mutually beneficial cooperation in implementing digital trade projects in Kazakhstan and other EDB member states

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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