ASTANA, Kazakhstan, April 4. Eurasian
Development Bank (EDB) invested $5.2 billion in Kazakhstan’s
economy between 2022 and 2026, EDB Management Board Chairman
Nikolai Podguzov said during a meeting with President Kassym-Jomart
Tokayev, Trend
reports via the presidential press service.
During the meeting, the sides reviewed the results of the bank’s
two decades of operations and discussed prospects for expanding
investment cooperation.
Podguzov presented the bank’s macroeconomic outlook, saying that
Kazakhstan’s GDP growth in 2026 is expected to reach at least 5.5%.
He attributed this to sustained investment activity, large-scale
infrastructure programs, stable domestic demand, and strong social
indicators.
He also noted that total EDB investments under its 2022-2026
strategy reached $9.2 billion, including $5.2 billion directed to
Kazakhstan - a figure comparable to the bank’s total investments in
the country over the previous 15 years.
According to Podguzov, around $2.1 billion was allocated to
industry, $1 billion to energy, $1 billion to transport
infrastructure, and $1.1 billion to the financial sector. He added
that special attention is being given to digitalization and the
introduction of artificial intelligence technologies.
Tokayev also highlighted the expansion of the bank’s geographic
presence, stating that it contributes to the implementation of new
initiatives and the strengthening of regional economic
integration.
Following the meeting, both sides confirmed their mutual
interest in further strengthening strategic partnership and
expanding investment cooperation in the interests of Kazakhstan’s
sustainable economic development.
