The World Bank is set to allocate US$500 million to Kazakhstan
The World Bank is set to allocate US$500 million to Kazakhstan for the development of livestock farming. It was announced by the World Bank’s country manager for Kazakhstan Ato Brown who believes that the meat industry should be developed due to the vast consumer markets in China and Russia.
ATO BROWN, WORLD BANK COUNTRY MANAGER FOR KAZAKHSTAN:
- What we want to do is not just lend, but how to leverage your own resources. It’s not only we give you money but how to make sure your money works, also how to design the resources package and implementation of public food safety and so on. We are ready, we want to get into more details once we get an offer from the Government for financing