EIB Global lends €200 million to Development Bank of Kazakhstan to support energy and transport infrastructure
Kazakhstan, March 13 -- EIB Global - the European Investment Bank's global arm - has signed a €200 million loan agreement with the Development Bank of Kazakhstan (DBK). This financing will support investments made by public and private entities in sustainable transport infrastructure - including the Trans-Caspian Transport Corridor - and in projects focused on diversifying renewable energy sources, as well as other climate-related initiatives.The investment will support Kazakhstan's national road operator KazAvtoZhol with its road rehabilitation programme, which aims to improve connectivity and the quality of infrastructure across the country. This initiative is key to making progress on the Trans-Caspian Transport Corridor project, a...
To read the full article or to get the complete feed from this publication, please
Contact Us.