Kazakhstan and ADB
In the Spotlight
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New ADB Country Director for Kazakhstan Assumes Office
New ADB Country Director for Kazakhstan Giovanni Capannelli reiterated support for the government’s efforts to promote economic diversification and inclusive growth.
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ADB Approves $240m to Help Kazakhstan Modernize Transport, Improve Connectivity
ADB has approved a $240.3 million loan to help Kazakhstan modernize its transport system. Improved transport connectivity will help increase trade links between Kazakhstan and the markets in East Asia, the Caspian Sea region, and further to Europe.
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Trade Finance Key to Modernizing Economies in Central Asia and the Caucasus
Supporting financial institutions is important as countries in Central Asia and the Caucasus work to reform and modernize their economies, says ADB's Nana Khurodze.
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ADB Vice-President Discusses Partnership and Growth in Kazakhstan
ADB's new partnership strategy (2017-2021) with the Government of Kazakhstan includes funding of priority investment projects, provision of advisory services, promotion of public-private partnerships and private sector operations, as well as enhancement of regional cooperation and integration.
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.
Read the ADB and Kazakhstan fact sheet.
Activities
Public Lecture on Inclusive Growth is Held at Nazarbayev University 
ADB Vice-President Meets Kazakhstan Prime-Minister Latest
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New ADB Country Director for Kazakhstan Assumes Office
New ADB Country Director for Kazakhstan Giovanni Capannelli assumed office yesterday and reiterated support for the government’s efforts to promote economic diversification and inclusive growth. -
ADB Approves $240m to Help Kazakhstan Modernize Transport, Improve Connectivity
ADB has approved a $240.3 million loan to help Kazakhstan modernize its transport system. -
Supporting financial institutions is important as countries in Central Asia and the Caucasus work to reform and modernize their economies, says ADB's Nana Khurodze.
Trade Finance Key to Modernizing Economies in Central Asia and the Caucasus
Projects in Kazakhstan
Proposed
- Karaganda District Heating Reconstruction and Modernization Project (formerly Energy Efficiency Project)
- Supporting Resilience of Micro, Small and Medium-Sized Enterprise Finance Project
- Road Maintenance Sustainability Project
- MFF Financial Sector and ICT Enhancement Program (Facility)
- KAZ: BANK TURANALEM
Approved/Active
- CAREC Corridors 1 and 6 Connector Road (Aktobe-Makat) Reconstruction Project
- Road Maintenance Sustainability Project
- Joint Government of Kazakhstan and the Asian Development Bank Knowledge and Experience Exchange Program, Phase 2
- Micro, Small and Medium-Sized Enterprise Development
- MFF Small and Medium Enterprise Investment Program Tranche 3 (Additional Financing)
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12
Maternal mortality ratio in Kazakhstan, per 100,000 live births (2015)
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1.5%
Average annual population growth rate in Kazakhstan (2010-2015)
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17.54
Population in Kazakhstan, in millions (2015)
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2.8%
Population living below the national poverty line in Kazakhstan (2014)
