Astana: Minister of Industry and Construction of the Republic of Kazakhstan Yersayin Nagaspayev held a meeting with a delegation from the European Bank for Reconstruction and Development (EBRD) led by Huseyin Ozhan. The gathering focused on potential joint projects aimed at reconstructing and constructing sewage treatment facilities in the cities of Aktobe, Karaganda, and Ridder.
According to Trend News Agency, the minister affirmed the state’s readiness to support these construction projects as part of the National Project for modernizing the energy and utilities sectors. Discussions included the need to revise the financial model for the project in Ridder and assessed the current status of competitive procedures for the treatment facilities in Aktobe.
The meeting also highlighted the importance of international companies’ involvement in enhancing the water supply and wastewater sectors, aligning with the priorities set in President Tokayev’s recent address to the nation.
The European Bank for Reconstruction and Development, an international financial institution, supports projects in over 30 countries. Since 1993, the bank has been active in Kazakhstan, investing in various sectors such as transport, energy, utilities, and financial infrastructure. To date, the EBRD has financed over 300 projects in Kazakhstan, with investments exceeding 10 billion euros, focusing on the green economy and sustainable development.