Kazakhstan and ADB
In the Spotlight
ADB and Kazakhstan work together to help the country’s economy become more diversified, inclusive and sustainable.
In Kazakhstan, ADB is providing access to finance for micro-, small- and medium-sized enterprises (MSMEs) focusing on lending to women entrepreneurs, especially in the country's provinces. The project is funding local currency loans to help MSMEs maintain their operations, invest in productive technologies and grow their businesses.
ADB expects to provide $3 billion in assistance to Kazakhstan in 2017-2021 to support the country’s ambition to be a top 30 global economy by 2050.
In the early 1990s, Kazakhstan was transitioning from a centrally planned economy to one driven by market forces. ADB began supporting the Government of Kazakhstan in 1994, a few years after the country became independent, by providing much-needed assistance in agriculture, education, finance, and the delivery of social services.
Since the early 2000s, Kazakhstan has pursued economic diversification to avoid being stuck in the “middle-income trap.” It seeks to transform from a landlocked to a “landlinked” economy. To address these development needs, ADB cooperation with Kazakhstan乐动体育注册 in recent years has focused on the finance and transport sectors and on knowledge partnerships.
Kazakhstan is a member of the Central Asia Regional Economic Cooperation (CAREC) Program.
Read the ADB and Kazakhstan fact sheet.
Projects in Kazakhstan
- Developing a Disaster Risk Transfer Facility in the Central Asia Regional Economic Cooperation Region
- Strengthening Urban Investment Planning and Capacity for Project Preparation and Implementation in Central and West Asia
- Promoting Gender Equality in Housing Finance Project
- Partnership with the Private Sector for Sustainable Trade Facilitation Results in the Central Asia Regional Economic Cooperation Program
- Better Customs for Better Client Services in Central Asia Regional Economic Cooperation Countries