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Astana, Kazakhstan • 16 January, 2024 | 10:02
1 min read

Kazakhstan, World Bank Implemented 48 Joint Projects, 6 More Underway

The total value of the projects surpassed $8 billion

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Prime Minister Alikhan Smailov recently met with Tatiana Proskuryakova, the World Bank's Regional Director for Central Asia, to discuss joint initiatives in economic development, digitalization, and environmental protection, QazMonitor reports citing

PM Smailov emphasized the success of 48 joint projects, surpassing $8 billion in total investment over 30 years, with six projects currently underway.

Emphasizing its role in supporting Kazakhstan's reforms for inclusive and sustainable development, Smailov cited the enduring success of the Joint Economic Research Program, which was successfully implemented for over two decades.

"The Government of Kazakhstan is committed to further strengthening cooperation with the World Bank," affirmed Smailov.

Tatiana Proskuryakova highlighted the World Bank’s proactive approach in preparing new projects in Kazakhstan, prompted by negotiations in August of the previous year. This includes initiatives such as the government's program to provide internet connectivity to remote areas.

"I believe this will be an excellent example for all Central Asian countries. I think Kazakhstan's role as a regional leader will continue to strengthen," she stated.

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