EBRD on Kazakhstan’s 2015 economic prospects
Back in September 2014 the Bank had estimated the country’s 2015 growth rate at 5.1%.
Kazakhstan President meets Sir Suma Chakrabarti of EBRD
As of the end of 2013 the package of projects in Kazakhstan totaled about $450-500 million.
Kazakhstan vests EBRD with immunity and tax privileges
Kazakhstan Majilis has ratified the agreement between Kazakhstan and European Bank of Reconstruction and Development.
EBRD raises Kazakhstan’s estimated GDP growth rate
At the same time the Bank’s analysts point to weakness of the country’s banking sector, with over 30% of the loan portfolios being NPLs.
Kazakhstan should close Internet access gap between cities and villages: EBRD
EBRD believes that Kazakhstan needs to develop specialized infrastructure, in particular, the one for access to broadband Internet.
Real GDP growth is to be maintained at 6%: Minister of Economic Affairs and Budget Planning
May 10 the European Bank for Reconstruction and Development cut down its economy growth estimated for Kazakhstan from 6% to 4.9%.
EBRD loans to Almaty for 200 new buses
Almaty administration and the EBRD (European Bank for Reconstruction and Development) signed a loan agreement worth $39.3 million for procurement of 200 new buses running on gas.
Aktau to produce energy from wastes
EBRD issued a loan for construction of a new plant for processing of household wastes and energy production in Aktau, western Kazakhstan.
EBRD providing $60.6 million to finance modernization of the Shardara hydropower plant in Kazakhstan
The project is targeted at preventing emergency shutdowns of the power plant, bringing its capacities up by 16% to 116 megawatt and producing another 57 million kilowatt-hours a year.
EBRD buys a stake in a Kazakhstan grain production company
Established in 1999, KazExportAstyk operates primarily in the North Kazakhstan and Akmolinsk areas to produce and export grain, oil seeds, and flour.
EBRD announces its 2012 plans for Kazakhstan
In 2011 the Bank financed a total of 14 projects worth Euro 289 million.
Massimov met with EBRD Managing Director
In the meeting Massimov and Decamps discussed cooperation of Kazakhstan and EBRD in implementation of infrastructure projects.
EBRD considers financing motor road projects in Kazakhstan
The Bank and the Transport Ministry officials considered financing reconstruction of Tashkent – Shymkent, Almaty – Khorgos motro roads, as well as construction of the Big Almaty Ring Road.
Massimov met with EBRD Managing Director Olivier Descamps
Among other topics, the meeting covered cooperation between Kazakhstan and the EBRD in implementation of infrastructural projects.
20-25% in the State Pension Accumulation Fund to be floated through People’s IPO
As the National Bank Governor explained, the National Bank is to buy back the 10 per cent share from the European Bank of Reconstruction and Development (EBRD).
EBRD: Kazakhstan and Russia can increase food supplies to the world market
EBRD President wrote about potential of Kazakhstan and Russia to increase food production.
EBRD to finance modernization of water supply systems in Kazakhstan
Today in Astana the European Bank for Reconstruction and Development (EBRD) and municipal authorities of Kazakhstan have signed a memorandum to finance modernization of water supply systems on the basis of public-private partnerships.
Nazarbayev proposed to EBRD
Nursultan Nazarbayev made a proposal to the European Bank of Reconstruction and Development.
Economic growth in Kazakhstan should be stable and balanced: Kazakhstan’s PM Massimov
The Prime Minister stressed that “large investments are injected to raise the overall living standards of Kazakhstan’s people”.
Kazakhstan could play a significant role in the world through developing its agribusiness: EBRD President Thomas Mirow
He said that when speaking at the opening of the Investment Forum in Astana within the EBRD annual meeting.