International institutions positively evaluate Kazakhstan’s economic reforms and political stability. The Head of the EBRD in Kazakhstan said that Kazakhstan is obviously the leader in Central Asian region and has even greater economic potential.

 

AGRIS PREIMANIS, DIRECTOR FOR KAZAKHSTAN, EBRD:

 - There is still room for progress in Kazakhstan. I know that the government and companies are striving for development, and the new EBRD strategy gives an opportunity to take part in it and make Kazakhstan one of the most competitive countries in the world.

This plan is feasible, the head of Kazakhstan’s EBRD office says, especially when the country is ready for reforms and is already implementing some.

 

AGRIS PREIMANIS, DIRECTOR FOR KAZAKHSTAN, EBRD:

 - Kazakhstan was far from all the big centers, far from the big cities. This changed greatly with the development of the Silk Road Initiative. Kazakhstan used its weakest point as an advantage. Kazakhstan is the first Silk Road country on the way from China to Europe. This gives vast opportunities for the country. This provides opportunities to develop infrastructure and logistics, to develop the financial center of Astana, I see the financial center of Astana as one of the Silk Road financial hubs.

 

Development of green technologies in Kazakhstan is a very important initiative, Agris Preimanis says. According to him, this trend can bring greater volume of investments in Kazakhstan. The EBRD is the largest investor in renewables in 37 countries. The EBRD invested $481 million in Kazakhstan’s economy just in few years, and the major part of them was the investments in green projects.

 

AGRIS PREIMANIS, DIRECTOR FOR KAZAKHSTAN, EBRD:

 - Future Energy is not just relevant for EXPO, of course EXPO gives great impetus, but the country should continue developing green energy. Future energy is not just protection of environment and renewable energy sources, it’s far beyond. After all, if Kazakhstan wants to become competitive then the development and introduction of new energy sources, energy efficiency and development of green finances is the part of that competitiveness.

 

The European Bank for Reconstruction and Development has already expressed its intention to co-finance the construction of a new solar power station in Kazakhstan, 130 kilometers from the Baikonur cosmodrome. It also agreed with the government on the basic principles for the construction of a wind farm in eastern Kazakhstan.

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