Nikolai Podguzov received a certificate of honour from the President of Kazakhstan for an outstanding contribution to the nation’s economic development
Astana, 28 November 2023. As part of celebrations on the occasion of the 25th anniversary of the Foreign Investors’ Council chaired by the President of Kazakhstan, Nikolai Podguzov, Chairman of the Management Board at the Eurasian Development Bank (EDB), was awarded a certificate of honour from the President of Kazakhstan for an outstanding contribution to the nation’s economic development and enhancement of its investment image.
The certificate was presented at an interim Foreign Investors’ Council meeting chaired by Alikhan Smailov, Kazakhstan’s Prime Minister.
In his address to investors, Alikhan Smailov outlined the country’s ambitious plans to double its economy by 2029 and mobilise at least US $150 billion in foreign investments, including those aligned with ESG principles. He also stressed the importance of long-term collaboration, bringing mutual benefits and new opportunities.
“Throughout the years, our collaborative efforts have led to the establishment of new production facilities, implementation of major projects and, most importantly, the creation of thousands of jobs. The Government of Kazakhstan is eager to deepen investment ties and embark on new joint projects,” he emphasised.
The EDB expresses its gratitude for acknowledging its collaborative efforts and contribution to the country’s key projects.
“This certificate underscores the importance of work done by the entire Bank and our commitment to facilitating processes that drive the economy and bring real change to people’s lives. We are proud of our role in creating jobs, fostering innovation and contributing to the prosperity of Kazakhstan,” he said.
Ruslan Dalenov, Vice Chairman of the EDB Management Board, also received a letter of appreciation for his valuable contribution to the work of the Foreign Investors’ Council chaired by the President of Kazakhstan.
The EDB has implemented 104 projects across various sectors in Kazakhstan, worth US $5.6 billion. These include solar and wind power generation facilities, the modernisation of manufacturing enterprises, initiatives in the chemical sector, co-generation plants, street lighting networks, railway fleet upgrades, the development of agricultural companies, and the construction of airports and a gas pipeline, among other significant endeavours.
The Foreign Investors’ Council comprises heads of 33 prominent multinational foreign companies and international organisations, including the Eurasian Development Bank.
Additional Information:
The Eurasian Development Bank (EDB) is an international financial institution promoting integration and development in its member countries. For more than 17 years, the Bank has worked to strengthen and expand economic ties and foster comprehensive development in its member countries. The EDB's charter capital totals US $7 billion. Its portfolio consists principally of projects with an integration effect in transport infrastructure, digital systems, green energy, agriculture, manufacturing, and mechanical engineering. The Bank’s operations are guided by the UN Sustainable Development Goals and ESG principles.
Eurasian Development Bank
Aigerim Akhanova
+7 (727) 244 40 44, ext. 6147
+77013283898