Kazakhstan, Isdb Brushing Up Potential Bilateral Collaboration
(MENAFN- Trend News Agency)
ASTANA, Kazakhstan, September 4. Kazakhstan and
Islamic Development bank (IsDB) have discussed bilateral
cooperation and the country's development projects, Trend reports.
The discussions took place between Kazakhstan's Deputy Prime
Minister, Minister of National Economy and IsDB Governor Nurlan
Baibazarov and IsDB President, Muhammad Al Jasser, who is on a
visit to Kazakhstan.
Baibazarov expressed his delight at hosting the IsDB President
at this pivotal stage of the country's development trajectory. He
underlined the government's proactive stance, ready to enhance
collaboration with the IsDB Group to mobilize resources for
sustainable national development projects.
In turn, Al Jasser reiterated IsDB's firm commitment to
supporting Kazakhstan's development agenda.
The discussions focused on key programs, including the Climate
Resilient Water Resources Development Program, which aims to
modernize water infrastructure, enhance water management practices,
and build institutional capacity. The IsDB's involvement will play
a pivotal role in ensuring the successful implementation of these
initiatives.
In addition, Al Jasser stated the Bank's vision in exploring
potential infrastructure projects in the Kyzylorda region,
including the reconstruction of key road corridors aimed at
improving mobility and facilitating trade.
Furthermore, the IsDB is considering opportunities in other
sectors such as health, Islamic finance, and the development of
railway, oil, and gas industries. These topics are expected to be
part of the discussions in the upcoming meetings with other
relevant ministries and stakeholders.
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