BAKU, Azerbaijan, September 28. Today in Kazakhstan, 18 percent of the accumulated investment portfolio of the Eurasian Development Bank (EDB), which amounts to more than $1 billion, is in the energy sector, where 25 projects have been implemented, the bank told Trend.
As the bank noted, a significant amount, about $828 million, or 15 percent, was allocated for the implementation of 14 transport projects.
"14 projects worth $548 million were implemented in agriculture. Also, a significant amount of investment falls on the financial sector (about $801 million) and the mining industry ($1.5 billion)," the bank said.
As the source added, EDB intends to invest more than $1.1 billion in the Republic of Kazakhstan in 2023. As part of the implementation of the strategy for 2022–2026, the volume of investments will amount to $3.8 billion.
In total, over the 17 years of existence of the EDB, 104 projects were implemented in Kazakhstan for a total of $5.6 billion. Since the beginning of the year, investments in the Republic of Kazakhstan have exceeded $900 million. This year, among others, projects were launched in transport, energy, and the chemical industry. Kazakhstan ranks first in terms of the investment volumes of the Eurasian Development Bank.
