Kazakhstan and ADB
In the Spotlight
ADB is providing a $122 million loan to improve financial access of businesses in Kazakhstan, particularly those outside big cities and women entrepreneurs.
An economic corridor linking the cities of Almaty and Bishkek has the potential promote trade and generate economic growth in Kazakhstan, the Kyrgyz Republic, and the whole of Central Asia.
Kazakhstan needs to intensify its push for economic diversification and innovation if it is to achieve its goal of being among the top 30 most developed countries by 2050, says ADB's Innovative Asia report.
The Key Indicators for Asia and the Pacific 2014 presents the latest available economic, financial, social, and environmental statistics for the 48 regional members of ADB. Download the statistical tables for Kazakhstan.
ADB began its partnership with Kazakhstan shortly after the country became independent in 1991. To help the country’s transition from a centrally planned to a market-driven economy, ADB provided much-needed support in agriculture, education, finance, and delivery of social services.
In recent years, ADB operations in Kazakhstan have focused on transport, small and medium-sized enterprise sector development, knowledge support, and private sector development. Regional cooperation under the Central Asia Regional Economic Cooperation Program is an integral aspect of ADB operations in the country.
In May 2014, the Government of Kazakhstan hosted ADB’s Annual Meeting for the first time.