Arab capital is showing interest in Kazakh projects. Abu
Dhabi Commercial Bank Kazakhstan is ready to triple the volume of financing.
The bank plans to increase its current financing volume of 2.5 trillion tenge
over the next 18 months. This was announced by Farooq Al Marzooqi, Chairman of
the Board of Directors of the ADCB, at a meeting with Prime Minister Olzhas
Bektenov. Priority areas include projects in energy and railway infrastructure,
as well as petrochemicals, logistics, and the real sector. Over the past 15
years, Abu Dhabi Commercial Bank Kazakhstan has provided financing for more
than 100 business initiatives. The meeting also highlighted Kazakhstan’s
growing attractiveness to foreign capital as a result of the country’s
large-scale economic and institutional reforms.
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