Key Meeting on Development Initiatives: Dr. Muhammad Al-Jasser, President of the IsDB, met with Kazakhstan’s Deputy Prime Minister Nurlan Baibazarov to discuss key development projects, including the Climate Resilient Water Resources Program aimed at modernizing water infrastructure and enhancing water management practices.
Strengthening Cooperation: The visit highlighted Kazakhstan’s intent to deepen its collaboration with the IsDB, focusing on mobilizing resources for sustainable national development projects at a critical stage in the country’s development.
Future Project Exploration: Dr. Al-Jasser outlined plans to explore infrastructure projects in the Kyzylorda region, including road reconstruction and opportunities in healthcare, Islamic finance, railway development, and the oil and gas sectors, with further discussions planned with relevant ministries and stakeholders.
Jeddah, September 4, 2024 — Dr. Muhammad Al-Jasser, President of the Islamic Development Bank (IsDB), engaged in a significant meeting today with Nurlan Baibazarov, Deputy Prime Minister and Minister of National Economy of the Republic of Kazakhstan. This meeting is part of Dr. Al-Jasser’s visit to Kazakhstan, aimed at bolstering collaboration and advancing development projects within the country.
The discussions primarily focused on several pivotal programs designed to support Kazakhstan’s growth and development. Notably, they delved into the Climate Resilient Water Resources Program, an initiative that seeks to modernize the nation’s water infrastructure. This program is critical for improving water management practices and enhancing institutional capacities in Kazakhstan. Dr. Al-Jasser emphasized that the IsDB’s involvement will be essential for the effective execution and success of these initiatives.
The Deputy Prime Minister of Kazakhstan underscored the importance of this visit, particularly as the country is at a crucial phase in its development journey. With Kazakhstan’s government poised to strengthen its partnership with the IsDB, the focus is on mobilizing resources to support sustainable national development projects.
During the meeting, Dr. Al-Jasser also outlined the IsDB’s strategic vision for future engagements in Kazakhstan. He highlighted plans to explore potential infrastructure projects in the Kyzylorda region, which include the reconstruction of major road corridors. These enhancements are expected to significantly improve mobility and facilitate trade within the region. Furthermore, Dr. Al-Jasser mentioned that the IsDB will be examining opportunities in several other key sectors, such as healthcare, Islamic finance, railway development, and the oil and gas industries. These areas will be further explored in subsequent meetings with relevant ministries and stakeholders, with the aim of identifying and leveraging synergies for the benefit of Kazakhstan’s economic and social development.
This visit underscores the IsDB’s commitment to fostering impactful partnerships and supporting Kazakhstan in its efforts to achieve sustainable development and economic growth.