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Press release

Akim of East Kazakhstan region Danial Akhmetov is currently on a working visit to London (Great Britain) in the framework of cooperation with the European Bank for Reconstruction and Development, on 5-7 March, 2018.

During his working trip on 5 March, the regional akim familiarized with the activity of the plant for the sorting and processing of solid waste “Southwark Integrated Waste Management Facility”, as well as with the system of public transportation organization “Transport for London”. 

On 6 March, the regional akim and the First Vice President of the EBRD Alain Pilloux discussed the further prospects of cooperation on joint implementing the investment projects aimed at infrastructural development of the region.

The meeting resulted in signing an Agreement on financing the investment project “Modernization of street lighting systems in cities and districts centers of East Kazakhstan region” worth KZT5,6 billion between the regional akim and the President of the European Bank for Reconstruction and Development Sir Suma Chakrabarti. Within the framework of the agreement, it is planned to modernize the street lighting systems with the replacement of more than 32,000 bulbs for energy-saving in 6 cities and 11 district centers of the region where live over 630,000 people. This is the 2-nd phase of the project on the introduction of energy-saving technologies in the street lighting systems in East Kazakhstan. It is worth noting that the European Bank for Reconstruction and Development and the regional akimat have already signed the contracts related to the introduction of the smart street lighting systems with the replacement of over 25,000 bulbs for energy-saving technology in Ust-Kamenogorsk and Semey cities totaling KZT4,8 billion. The building and construction works will begin in May of this year. During the negotiations the regional akim and the President of the European Bank for Reconstruction and Development agreed to cooperate in consideration of the opportunity of developing technical documentation and financing a project for modern waste management and recycling in Ust-Kamenogorsk worth KZT29,5 billion. Also, at the regional akim’s suggestion the European Bank for Reconstruction and Development will start studying the project on gasification of 50 rural settlements of Zaisan, Urjar and Tarbagatai districts amounting to KZT33,3 billion. Taking into account the agreement signed today, 10 credit contracts and agreements worth KZT46,1 billion have been concluded between the regional akimat and the European Bank for Reconstruction and Development since 2015. The reached arrangement and the signing of corresponding documents on financing the projects on gasification and solid domestic waste processing will allow us to increase the volume of investment in East Kazakhstan region up to KZT108,9 billion under 12 projects by 2018.

Concluding the meeting, Sir Suma Chakrabarti said that East Kazakhstan region has a lead in the number and the amount of implemented projects among regions of Kazakhstan and presented the “Letter of thanks” having emphasized the huge contribution of the regional akim Danial Akhmetov in the implementation of the investment projects. At the same time, the President of the European Bank for Reconstruction and Development invited the head of the region to participate as a guest at the Central Asian International Forum which takes place in Pekin in November, 2018.

Let's remind that it is planned to sign the next credit contract on financing the infrastructural projects between the European Bank for Reconstruction and Development and East Kazakhstan region within the framework of the Astana Economic Forum, in May of this year.