EBRD Reveals Project Portfolio In Kazakhstan


(MENAFN- Trend News Agency)

BAKU, Azerbaijan, December 26. The current portfolio of projects of the European bank for Reconstruction and Development (EBRD) in Kazakhstan accounts for $3.07 billion as of November 30, trend reports, citing EBRD.

The overall number of projects of the Bank in Kazakhstan is 121.

Around 71 percent of the portfolio, or $2.19 billion is allocated towards investing in sustainable infrastructure, and 24 percent, or $740 million, is allotted to boost the industry, commerce, and agribusiness. Meanwhile, $137 million was spent to support financial institutions, which is equivalent to 5 percent of the total.

In total, the London-based bank invested around $10 billion in 303 projects.

This year, the EBRD marks the 30th anniversary of the launch of its operations in Kazakhstan

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Trend News Agency

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