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IFC is implementing or has completed the following projects:
CURRENT PROJECTS
Oil and Gas Industry SME Supplier Development Project, Phases I and II (PEP) 2005
Business Plan for Operational Review and Business Plan for Kazakhstan Mortgage Company
Kazakhstan Leasing Project (PEP) Drawing on its successful leasing development program in Russia, the Partnership began work to create favorable conditions for the growth of the leasing industry in Kazakhstan. The development of the leasing sector will increase financing options available to local SMEs. The program trains leasing companies, banks, potential leasing clients, and policymakers on the fundamentals of leasing operations and on conducting financial and risk analysis when making investment decisions. The program also advises local and foreign companies on legal, taxation, and accounting aspects of leasing transactions, and works with the private sector, government officials, and legislators to improve the legal framework for leasing operations. In 2004, the program helped produce amendments to legislation which significantly improved conditions for the growth of leasing industry and laid down a ground for further IFC investments in the leasing industry.
COMPLETED PROJECTS
ISO Quality Certification Training for Local SME’s in the Oil Services Sector This program was designed to help local small and medium enterprise suppliers operating in the oil and gas industry to achieve the internationally recognized ISO 9000 quality certification so that they can bid for contracts from global suppliers operating in Kazakhstan. In order to prepare for certification testing, the small and medium enterprises in this pilot program are receiving sector specific training in quality procedures, human resource management, policy development, business process flow chart creation, document and information program flow chart creation, development of customized 8D systems and problem solving training.
Ispat Karmet Corporate Citizenship Project This program served as a model of IFC’s linkage strategy. Located in Karaganda, Kazakhstan, Ispat Karmet is a large integrated steel mill that was privatized in 1995 and restructured in 1997 with financing from IFC. The restructuring produced a range of opportunities to create new small and medium enterprises to provide goods and services that were previously produced within the company. Many of these support industries and the services were spun off to private sector entrepreneurs.
Ispat-Karmet Post-Privatization Environmental Assistance When Ispat Karmet was privatized in 1995, the company was confronted with serious environmental concerns that needed to be addressed before the transaction could go through. Through its advisory program, IFC identified the location of PCB contaminants at Ispat operations in Temirtau and Karaganda, and developed detailed procedures to safely eliminate them from the manufacturing process.
Capacity Building Technical Assistance to Neftebank IFC client, Neftebank, is a regional bank operating in the far western area of Kazakhstan, and serves as an important financial intermediary to local small and medium enterprises that serve the oil and gas sector. In order to survive, Neftebank needed help to compete against strong local and foreign banks. In response, IFC created a year-long twinning program using in-house advisors detailed from an international bank to implement hands-on training modules for general management, strategic and human resource planning, IT/MIS upgrading, credit review procedures, project management, and customer service. | SITE TOOLS  
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