Tokayev meets with President of European Bank for Reconstruction and Development

Kassym-Jomart Tokayev held a meeting with EBRD President Odile Renaud-Basso, El.kz news agency reports with reference to the press service of Akorda.

The interlocutors discussed the prospects for the implementation of a number of joint investment projects in various sectors of the economy, including small and medium-sized businesses, finance, housing and communal services, energy, medicine, agriculture, transport infrastructure and information technology.

The Head of State highly appreciated the strategic cooperation with the European Bank for Reconstruction and Development, as well as its contribution to the progress of the economy of Kazakhstan.

For her part, EBRD President shared plans in potential areas of cooperation designed to promote sustainable growth, improve the investment climate and modernize our country. She said that the bank is carefully studying investment projects in Kazakhstan, and expressed interest in further support for infrastructure development. The EBRD intends to invest €2 billion in the economy of Kazakhstan in the coming years as part of the implementation of the green transition program. This year, the European Bank for Reconstruction and Development will invest $650 million in our country for the implementation of 22 projects.

The EBRD President also gave a positive assessment of the procurement system of JSC “Samruk-Kazyna”, noting that creditor companies conduct purchases according to the rules of the fund, which indicates confidence in its procurement processes and their transparency.

Kassym-Jomart Tokayev and Odile Renaud-Basso also exchanged views on topical issues of global economic development.

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