Kazakhstan and ADB
In the Spotlight
ADB expects to provide $3 billion in assistance to Kazakhstan in 2017-2021 to support the country’s ambition to be a top 30 global economy by 2050.
ADB Vice-President Wencai Zhang reaffirms that ADB will continue to support the Government of Kazakhstan’s development agenda and is exploring new ways of engaging with the country, including public-private partnerships, blended finance, and other innovative financing approaches.
ADB and Tengri Bank signed a trade finance agreement enabling ADB’s Trade Finance Program (TFP) to provide guarantees to support import and export transactions in Kazakhstan.
In the early 1990s, Kazakhstan was transitioning from a centrally planned economy to one driven by market forces. ADB began supporting the Government of Kazakhstan in 1994, a few years after the country became independent, by providing much-needed assistance in agriculture, education, finance, and the delivery of social services.
Since the early 2000s, Kazakhstan has pursued economic diversification to avoid being stuck in the “middle-income trap.” It seeks to transform from a landlocked to a “landlinked” economy. To address these development needs, ADB cooperation with Kazakhstan in recent years has focused on the finance and transport sectors and on knowledge partnerships.
Kazakhstan is a member of the Central Asia Regional Economic Cooperation (CAREC) Program.
Read the ADB and Kazakhstan fact sheet.
Projects in Kazakhstan
- Countercyclical Support
- Managing for Development Results in the Transport Sector of Kazakhstan
- Small and Medium Enterprises Investment Program - Tranche 2
- Joint Government of Kazakhstan and the Asian Development Bank Knowledge and Experience Exchange Program, Phase 1
- Alternative Urban Infrastructure Financing Modalities
Maternal mortality ratio in Kazakhstan, per 100,000 live births (2015)
Population living below the national poverty line in Kazakhstan (2015)
Population in Kazakhstan, in millions (2016)
Average annual population growth rate in Kazakhstan (2011-2016)