ASTANA, Kazakhstan, January 9. The European
Bank for Reconstruction and Development (EBRD) is providing a 25
million euro loan to Sarens Kazakhstan, a subsidiary of the Belgian
multinational Sarens Group, to support its expansion in
heavy-lifting, engineered transportation, and installation
services, Trend
reports via the EBRD.
The funding is aimed at meeting the increasing demand for
industrial infrastructure in Kazakhstan’s renewable energy and
logistics sectors.
The loan will enable Sarens Kazakhstan to acquire high-capacity
cranes, specialized trailers, and other vehicles necessary to
enhance its operational capabilities. The equipment purchased with
the funds is expected to facilitate the installation of at least
11.75 GW of additional wind energy capacity, advancing Kazakhstan’s
goal of raising the share of renewables in its total energy output
to 15% by 2030.
In addition to supporting the renewable energy transition, the
project will contribute to the development of logistics
infrastructure along the Trans-Caspian International Transport
Route (TITR).
Since its inception, the EBRD has invested nearly 10.3 billion
euro across 342 projects in Kazakhstan, focusing primarily on
private-sector development.
