Kazakhstan and ADB Celebrate 25 Years of Partnership
Video | 14 January 2020
In 1994, Kazakhstan became the first Central Asian country to join ADB. 2019 marked the 25th anniversary of this successful partnership.
ADB and Kazakhstan continue working together to build a more diversified, inclusive, and greener economy.
Kazakhstan became independent in 1991 after the collapse of the Soviet Union.
During the first years of independence, production dropped, jobs were lost, and the majority of people were struggling.
Kazakhstan had to build a new system, a new society, a new economy.
The country looked for long-term reliable partners.
19 January 1994, Kazakhstan joined the Asian Development Bank.
Together we worked toward improving people’s quality of life.
ADB supported the launch of Kazakhstan’s economic liberalization process and privatization reforms—the first steps toward economic integration with the rest of the world.
Together, we helped improve the education system, social protection, and the financial sector.
New highways helped strengthen regional connectivity, boosting trade and driving economic growth. Road safety improved.
People living in remote areas were able to access markets, health and education services.
In the first 25 years of partnership with Kazakhstan, ADB invested close to $6 billion in the country, and implemented over 40 projects.
Together we helped provide development finance and knowledge solutions, introduce new technologies, and adopt international best practices.
ADB projects helped increase yields in agriculture.
Safe drinking water was delivered to the doorsteps of more than 65,000 people in rural areas.
ADB’s support for government counter-cyclical programs helped alleviate the social impact of external shocks.
Together we helped over 20,000 small and micro firms develop their businesses, create jobs and increase income. Livelihood of many female entrepreneurs improved.
Yet, in the years ahead, there is still so much work to do together to help Kazakhstan build a more diversified, inclusive, and greener economy.
ADB is contributing to financing renewable energy projects, promoting energy efficiency and preparing a low-carbon strategy for Nur-Sultan and Almaty cities.
The strategic partnership with ADB brings new technologies, innovative financing and knowledge solutions. Together, we help develop Kazakhstan into a Central Asian hub for start-ups.
ADB operations will attract foreign investment, increase the role of SMEs, and help reduce inequalities.
Together we help Kazakhstan become a progressive country, where people enjoy a high quality of life.
A technologically advanced country, which shares its prosperity with regional neighbors.
Kazakhstan and ADB, together.