Invest to kazakhstan
Priorities of EBRD in Kazakhstan
One of EBRD's biggest operations is in Kazakhstan, with €7.2 billion invested in 233
projects over the last 20 years and is demonstrating strong economic growth supported
by high oil prices.
Agris Preimanis,
Director,
EBRD Kazakhstan
Агрис Прейманис,
Директор,
ЕБРР Казахстан
24
world monitor
In Kazakhstan, EBRD has the following
priorities:
Balancing the roles of the public and
private sectors. The Bank will continue to
support the growth of private enterprises,
which are still outweighed by the public
sector. By investing in the private sector,
including small and medium-sized
enterprises (SMEs), in agribusiness and
the non-extractive sectors, EBRD hopes to
improve the economy’s competitiveness.
The Bank remains interested in the
privatisation programme announced
by the government. At the same time,
the Bank will continue to support the
reform of Kazakhstan’s public sector and
the commercialisation of state-owned
enterprises.
Broadening access to finance,
strengthening the banking sector
and developing local capital markets.
Many firms continue to suffer from
insufficient access to finance. EBRD
will work on improving the resilience
of Kazakhstan’s financial sector, which
will in turn help relieve pressures on
businesses, especially SMEs and the non-
extractive sector.
Inter-regional connectivity and
international integration. Investing in
Kazakhstan’s infrastructure remains an
important focus of the EBRD. By supporting
inter-regional and cross-border rail and
road projects, the Bank seeks to enhance
connectivity and boost the economic
inclusion of remote regions of the country.
Green economy transition. EBRD is the
largest investor in sustainable energy
in Kazakhstan, covering both renewable
energy and energy-efficient technologies.
It will continue to combine investment
with policy engagement, in order to further
help the country develop a supportive
regulatory framework for sustainable
energy, water and resource use.
Decreasing Kazakhstan’s carbon footprint
is crucial for the country’s sustainable
development across all sectors, notably in
agriculture, energy and industry.