Cooperation between the Ministry of energy of the Republic of Kazakhstan and the Asian development Bank is being transferred to a systematic basis

The signing of a Memorandum of understanding and cooperation between the Ministry of energy of the Republic of Kazakhstan and the Asian development Bank (ADB) creates a basis for mutually beneficial and comprehensive cooperation, as well as for improving interaction in the implementation of joint projects, including the further development of the sectors of renewable energy, electricity and heat supply, gas supply and petrochemicals.

Currently, ADB is already financing projects in partnership with Kazakhstan, as well as providing technical assistance to the Ministry of energy of the Republic of Kazakhstan. Projects recently approved by the Bank in Kazakhstan include projects with Baikonur solar and M-KAT Green in the field of renewable energy sources.