ADB's Work in Kazakhstan
ADB Membership
Joined 1994
Shareholding and Voting Power
Number of shares held:
85,608 (0.805% of total shares)
Votes:
124,722 (0.938% of total membership, 1.440% of total regional membership)
Overall capital subscription:
$1.18 billion
Paid-in capital subscription:
$59.21 million
Kazakhstan became a member of ADB in 1994, shortly after it achieved independence.
During the past 26 years, ADB has aided Kazakhstan with financing, technical assistance, and knowledge support as part of its sovereign operations. Priority areas of investment have been budget support, transport, the finance sector, agriculture, and renewable energy.
Bayterek Tower, Nur-Sultan, Kazakhstan
Current ADB operations in Kazakhstan are being implemented under the country partnership strategy, 2017–2021, which is structured around three pillars: economic diversification, inclusive development, and sustainable growth. ADB is also supporting Kazakhstan’s active participation in the Central Asia Regional Economic Cooperation (CAREC) Program.
Since 1994, ADB has committed $5,153.63 million in loans, and $48.81 million technical assistance projects, including ADB-administered cofinancing for Kazakhstan.