- Press Releases
- Media Coverage
- Events
- News Room
- Press Materials
EBRD ready to invest $1 bl in Kazakhstan in 2008
Kyiv, May 18, 2008
Interfax - The European Bank for Reconstruction and Development (EBRD) plans to invest around $1 billion in Kazakhstan in 2008, EBRD Director for Kazakhstan Andre Kuusvek said at the International Investment Forum Saturday in Kyev.
The EBRD operates in three sectors in Kazakhstan: the corporate sector, Kazakh and foreign businesses; the processing industry; and agriculture, which is one of the biggest export sectors in the country, said Kuusvek.
Besides, investment will be made in infrastructure and electricity, which within the next one to two years will become a vital sector for the country, especially for its southern regions, he said.
The EBRD also plans to provide active support to Kazakhstan's small and medium-sized businesses.