Ahead of the Ninth Annual Meeting of the Asian Infrastructure Investment Bank’s (AIIB) Board of Governors in Uzbekistan, AIIB and the Government of Kazakhstan have committed to expanding cooperation to promote sustainable infrastructure development in the Central Asian nation.
In a joint declaration signed in Astana, H.E. Nurlan Baibazarov, Deputy Prime Minister and Minister of National Economy of Kazakhstan, and AIIB Vice President Konstantin Limitovskiy reaffirmed their collaboration. Baibazarov, who also serves as AIIB Governor, underscored Kazakhstan’s role as a founding member of the AIIB.
Limitovskiy praised Kazakhstan’s significant contribution to the establishment of AIIB and highlighted the potential for future collaboration. “Kazakhstan played a pivotal role in AIIB’s growth. We look forward to supporting the country’s National Development Plan until 2029 and its ambitious goal to achieve Net Zero by 2060,” Limitovskiy stated.
The joint declaration sets out strategic directions for a comprehensive investment pipeline from 2025 to 2027, focusing on green infrastructure, connectivity, and regional cooperation. Both parties also committed to advancing technology-enabled infrastructure and promoting private sector participation through a conducive investment environment.
The enhanced partnership between AIIB and Kazakhstan reflects a shared commitment to sustainable infrastructure development and economic growth in the region.
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