The World Bank signed a $21.7 million grant agreement with the government of Kazakhstan on Wednesday to help the country a four-year project aimed at promoting energy efficiency through favorable policies.
The agreement was signed by Kazakh Deputy Prime Minister and Minister of Industry and New Technologies Asset Issekeshev and World Bank's Kazakhstan Country Manager Sebnem Akkaya.
Issekeshev said the project will help modernize schools, hospitals and street lighting facilities throughout the country, as well as improve the institutional framework for a sustainable energy financing mechanism and a public campaign to promote energy efficiency.
The Kazakh Ministry of Industry and New Technologies will be in charge of coordinating and implementing the project.
More Stories
- EUROPEAN INVESTMENT BANK: Bosnia and Herzegovina: EIB provides €340 million to advance works on northern part of Corridor Vc
- ABN AMRO SERVICES COMPANY: Fempower Your Growth: like tindering with female entrepreneurs
- EUROPEAN INVESTMENT BANK: Egypt: Team Europe - EIB and Banque Misr work together to support private businesses and speed up the recovery of SMEs from COVID-19
- ASIAN DEVELOPMENT BANK: ADB, NNS Sign Loans to Build Milestone Solar Power Project in Uzbekistan
- ASIAN DEVELOPMENT BANK: $123 Million ADB Loan to Help Build Elevated Walkways in Manila
- EUROPEAN INVESTMENT BANK: Germany: EIB provides €15 million of funding to IDnow
- ASIAN DEVELOPMENT BANK: CAREC Endorses Long-Term Strategy to Promote Safe, Sustainable, and Inclusive Tourism
- EUROPEAN INVESTMENT BANK: EIB Group provides €150 million to support artificial intelligence companies
- ASIAN DEVELOPMENT BANK: ADB Approves $430 Million to Help Rehabilitate Power Distribution Networks in Uttar Pradesh, India
- EUROPEAN INVESTMENT BANK: Greece: EIB backs EUR 470 million road safety scheme