The European Bank for Reconstruction and Development (EBRD) has approved a new strategy for Kazakhstan, which includes strengthening the regulatory framework for public-private partnerships (PPP). 

One of the three pillars on which EBRD will focus, fostering private sector competitiveness, connectivity and strengthening economic governance, will include investments in key infrastructure, such as roads and railways, as well as consolidating the PPP regulatory framework in the country.

The other two pillars of the new strategy will target Kazakhstan’s pathway to carbon neutrality and promote economic inclusion, youth and gender equality. Under the new strategy, the EBRD will also finance renewable energy projects and encourage the integration of clean energy into the Kazakh national power grid. Furthermore, the bank will support local companies in decarbonization efforts through financial and advisory contributions, as well as promote green municipal and transport infrastructure projects.