The Asian Development Bank (ADB), headquartered in Manila, Philippines, is a multilateral development finance institution owned by 68 members. Since joining ADB in 1994, Kazakhstan has received over $6 billion in sovereign and non-sovereign loans, guarantees and technical assistance in the finance, transport, energy, water supply and sanitation, public sector management, irrigation and other sectors. Current ADB operations in Kazakhstan support economic diversification, inclusive development, and sustainable growth. The Bank is helping Kazakhstan integrate into global transport networks, generate employment, promote gender equality, develop renewable energy sources, and combat climate change. ADB is also supporting Kazakhstan s active participation in the Central Asia Regional Economic Cooperation (CAREC) Program. ADB s ongoing sovereign portfolio in Kazakhstan includes 5 projects worth $1,595 million in transport, finance, and public sector management. Recent non-sovereign operations include projects in agribusiness and renewable energy.Knowlsge partnership is an important area of ADB-Kazakhstan cooperation offering demand-driven knowledge products and services.
Asian Development Bank
- Segment:Banking / Financial Institution
- Chief:Nariman Mannapbekov, Country Director