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Kazakhstan records increase in EDB investments in 2022

Kazakhstan Materials 6 December 2022 18:15 (UTC +04:00)
Kazakhstan records increase in EDB investments in 2022
Maryana Ahmadova
Maryana Ahmadova
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BAKU, Azerbaijan, December 6. At least $3.8 billion is provided for the implementation of Eurasian Development Bank (EDB) projects in Kazakhstan, Nikolay Podguzov, the Chairman of the Management Board of the Bank, stated during the meeting with the Prime Minister of Kazakhstan Alikhan Smailov, Trend reports, citing the press service of the PM.

Podguzov stated that in 2022, EDB invested $1.2 billion in Kazakhstan, which exceeds the 2021 indicators. According to the Chairman, in 2023 the total value of investments made in Kazakhstan will be around $1.1 billion.

He added that the key areas of interest for the following year are the logistics infrastructure development, energy and food security, and improving ecological indicators.

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