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Akimat of East Kazakhstan region and European Bank for Reconstruction and Development signed another agreement.

Today Akim of East Kazakhstan region Danial Akhmetov and EBRD’s Managing Director in Central Asia Bruno Balvanera signed another agreement on the modernization of systems 

The project implementation aims at improving the quality of life of the population and contributes to the optimization of the lighting on / off schedule, the introduction of an intelligent street lighting control system and will save energy costs by up to 60%.

Welcoming the partners, the head of the region noted that cooperation between Kazakhstan and the EBRD is fruitful.

- We are glad to welcome you in East Kazakhstan. We appreciate the mission of the Bank. 29 per cent of all projects implemented in Kazakhstan jointly with the European Bank for Reconstruction and Development is being successfully implemented in East Kazakhstan region. Especially this efficiency is felt in the regions. In the near future we will be able to offer you joint projects related to the development of tourism and the use of renewable energy sources, in particular the promotion of the use of hydropower, said Danial Akhmetov.

According to the EBRD’s Managing Director in Central Asia, Bruno Balvaner, the use of new energy-efficient technologies will make the streets of cities and district centers not only brighter, but also safer. He also noted that the region has inexhaustible potential, and the Bank is ready to consider cooperation in such areas as metallurgy, tourism and the extraction of natural resources.

Note, due to the close cooperation between East Kazakhstan region and the EBRD, today there are 13 projects in the areas of engineering and transport infrastructure in the regional loan portfolio.

 

Press service of Akim of East Kazakhstan region