Kazakhstan is attracting growing interest from international
investors. The country, along with the broader Central Asian region, holds
significant investment potential due to its strategic geographic location
between Asia and Europe. In an exclusive interview with Silk Way TV channel,
Andrew McDowell, Director-General of the European Investment Bank, discussed
the growing interest from foreign businesses in Kazakhstan. He also addressed
the possibility of financing projects in the critical raw materials sector and
emphasized the bank’s commitment to expanding cooperation with the country.
«We confirmed a 200-million-euro loan to the Development
Bank of Kazakhstan to finance both sustainable transport projects as well as
renewable energy projects. On the transport side, our financing will go towards
the rehabilitation and renovation of 5,000 kilometres of roads across
Kazakhstan but linked to the Trans-Caspian Corridor. That helps trade between
the European Union and Kazakhstan. You’ve been in a pivotal position for I
think how the 21st century is going to unfold in terms of trade and investment.
You are at the heart of what is going to be I think a century of intensifying
Asia-Europe trade. Also, you are blessed by I think your natural resources,» McDowell
said.
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