Post by EBRD

"Kazakhstan is moving early and fast on AI and digital transformation, ranking 1st in Central Asia for AI readiness. This digital momentum signals a highly transparent and predictable operating environment for global investors. The EBRD is proud to be a partner in this journey," said our Odile Renaud-Basso, whilst addressing the 38th Foreign Investors’ Council during her visit to the country this week. In talks with Prime Minister Olzhas Bektenov, Odile Renaud-Basso and EBRD delegation discussed expanding cooperation across infrastructure, digitalisation, and business support. Our investments in Kazakhstan are poised to exceed a record €1.3 billion this year alone. We also signed a new MoU with sovereign wealth fund Samruk-Kazyna Invest LLP to align major strategic investment projects with international, fair-competition procurement rules and extended a €43.4 million financing package with KMF Bank, backed by the government, to champion local MSMEs and women-led businesses.   President Renaud-Basso visited milestone infrastructure projects in Almaty, including the BAKAD Ring Road (the region’s largest PPP), the new airport terminal, and the CHP-2 gasification project, which will drastically improve local air quality. A big thank you to our partners and the government of Kazakhstan. We look forward to deepening our collaboration to build a greener, digital, and more inclusive future for the region.