EBRD Reveals Project Portfolio In Kazakhstan
Date
12/26/2022 12:21:07 AM
(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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