Kazakhstan, French Development Agency expand partnership

Kazakhstan, French Development Agency expand partnership

The French Development Agency (AFD) has officially opened its office in Astana. During President Kassym-Jomart Tokayev’s state visit to France in November last year, the two sides signed a memorandum of understanding. Since then, AFD has allocated over €4 million to projects in Kazakhstan, including the development of medical infrastructure, support for small agricultural enterprises and women’s entrepreneurship, as well as water resource management in the Balkhash Basin and initiatives aimed at saving the Aral Sea. AFD is currently working with Baiterek Holding and its development institutions to explore new projects and financing mechanisms aimed at supporting digitalization and the green transition. The Agency emphasizes Kazakhstan’s key role in advancing the green economy in the region and its potential to become a significant player in global climate policy.

«Kazakhstan, given the resources that the country has regarding critical raw materials, is also a key actor because the resources that the country carries are, of course, instrumental in order to support the industries of the transition, both in the energy and generally around climate issues,» said Amélie Aubert, AFD’s regional director for Central and East Asia.