Eurasian Development Bank to invest into renewable energy of Kazakhstan

Business Materials 18 May 2019 14:46 (UTC +04:00)

Baku, Azerbaijan, May 18

By Nargiz Sadikhova - Trend:

Eurasian Development Bank and Association of Renewable Energy of Kazakhstan signed a Memorandum of Understanding directed at the realization of a number of projects in the sphere of renewable energy, Trend reports via EDB’s press office.

Pursuant to a memorandum parties are to cooperate in the sphere of funding individual investment projects, as well as in the sphere of knowledge and experience exchange though the representatives’ participation in seminars, conferences, business forums and other events.

“According to agreements reached, EDB is to participate and to support the negotiations of Association on realization of mid-term and long-term investment projects; to consider the possibility of funding the projects within the framework of existing EDB and Association’s procedures; present the projects in which the participation of Association is possible,” the statement said.


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