Tuesday, 02 January 2024 12:17 GMT
عربي


               US          Europe          Arab          Asia          Africa    
|      Politics          Economy     Oil&Energy         
                 Entertainment          Sport
EBRD Reveals Project Portfolio In Kazakhstan

EBRD Reveals Project Portfolio In Kazakhstan


2022-12-26 12:21:07
(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

MENAFN26122022000187011040ID1105352432



Trend News Agency

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Tags

Label

Comments

No comment

Category

Date
Search