ALMATY, Kazakhstan, December 18. The Eurasian
Development Bank (EDB) has invested $450 million in renewables
projects in Kazakhstan over four years, said Ruslan Dalenov, Deputy
Chairman and Chief Economist of the EDB, Trend reports.
He made the statement at a press conference on the results of
2025 in Almaty.
“This initiative entails the development of 10 solar power
plants and 3 wind power plants across seven regions: Akmola,
Turkestan, Kyzylorda, Zhambyl, Kostanay, and Karaganda,” he
stated.
Dalenov further highlighted that the EDB's ongoing activities in
Kazakhstan align with the five-year strategy for 2022-2026. Over
the past four years, the bank has committed $5.1 billion to various
projects within the country.
As a multilateral development bank, the EDB is dedicated to
fostering economic growth, enhancing trade and economic relations
among its member states, and driving regional integration through
strategic investments. The bank’s seven member nations include
Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, and
Uzbekistan.
