Partnering with Kazakhstan to improve essential services
In Kazakhstan the EBRD invested €107 million in municipal services last year as part of a partnership with the Kazakh government to improve people’s lives and modernise public utilities. The Bank signed nine municipal infrastructure projects and extended its coverage to include six new regions of the country.
Water and wastewater projects in the cities of Aktobe, Petropavlovsk, Semey, Shymkent and Taraz received EBRD financing and will benefit from state capital grants, as agreed under the Enhanced Partnership established by the EBRD and Kazakhstan in 2014. Water companies will use the financing to improve water quality, reduce water losses and carry out urgently needed works such as sewer replacement.
In the city of Pavlodar, the EBRD financed modernisation of the tramway system, which is the main means of transport for many of the municipality’s 330,000 residents. In Aktobe and Semey, the Bank invested in an upgrade of the district heating system to make it more energy efficient and environmentally friendly. All three projects received capital grants from the Kazakh government. The EBRD also invested in modernisation of the bus fleet in the capital, Astana.
Around US$ 6.5 billion invested in Kazakhstan over the past 20 years