Over $9 billion invested in Kazakhstan under CAREC Program

Over $9 billion invested in Kazakhstan under CAREC Program

Over $9 billion has been allocated to projects in Kazakhstan under the Central Asia Regional Economic Cooperation (CAREC) Program in 20 years. The country plans to continue its close cooperation with international financial organizations and CAREC member countries to achieve common goals. Thus, Kazakhstan is focused on developing its agro-industrial complex, increasing the share of processed products, actively changing the structure of exports, and increasing export volumes. Additionally, the country aims to implement large-scale infrastructure projects that ensure transport connectivity and energy sustainability of the Central Asian states. Kazakhstan calls on regional countries and international financial organizations to join forces to implement joint projects.