Discovering new opportunities to cooperate with EBRD

On February 14, 2020, the first meeting of representatives of the City’s Center of Investment Development “Astana Invest” and the European Bank for Reconstruction and Development (EBRD) took place.

During the meeting, “Astana Invest” expressed interest in the possibilities of attracting investment in the development of urban infrastructure through the European Bank for Reconstruction and Development as part of their activities.

According to bankers, the EBRD can participate in financing the city’s infrastructure in the areas of housing and communal services, heat, energy and water supply. Meanwhile, a specific pilot project is required to receive investments from the EBRD.

Following the meeting, the parties identified options for cooperation.

About the EBRD:
The European Bank for Reconstruction and Development (EBRD) is a global organization that was established in 1991. The EBRD is not a commercial bank. Its goal is to provide a unique solution to a particular problem, to encourage a transition to a market economy, as well as stimulate the activities of new enterprises. The institution currently operates in more than 30 countries.