ASTANA, Kazakhstan, September 10. Kazakhstan and the International Finance Corporation (IFC) have discussed issues of expanding cooperation in the implementation of public-private partnership projects in the field of railway transport and aviation, the Ministry of Transport of Kazakhstan told TurkicWorld
During the meeting between the Vice Minister of Transport of Kazakhstan Talgat Lastayev and representatives of the IFC, special attention was paid to attracting investments for the modernization of railway infrastructure and the development of airports in Kazakhstan.
The parties also talked about bringing cutting-edge technology and raising the bar to enhance the efficiency and competitiveness of transport services.
Meanwhile, in Central Asia, IFC has been ramping up its work to expand financial services and market access for women-led firms. Since 2018, IFC has invested $155 million in 15 local financial institutions across the region.
With a record-breaking investment in developing markets in fiscal 2023, IFC is aiming to expand micro, small, and medium-sized enterprise (MSME) access to financing through the supply of 2.2 million loans.
