Kazakhstan may attract significant investment in green technologies

Kazakhstan may attract significant investment in green technologies

Kazakhstan may attract significant investment in green technologies, according to experts from the Asian Infrastructure Investment Bank (AIIB). To date, the financial institution is working with the country’s government on alternative energy projects. The Bank has already invested about $47 million in the construction of the Zhanatas wind farm with a capacity of 100 megawatts. Another area of cooperation is the development of transit infrastructure. It is well known that the country’s government is set to diversify transport routes, one of which is the Trans-Caspian International Transport Route. The parties are expected to discuss the prospects for joint work at the annual meeting of the Asian Infrastructure Investment Bank in Sharm el-Sheikh this September.