Kazakhstan became a member of IFC in 1993. As IFC’s largest client in Central Asia, Kazakhstan has received commitments of more than $603 million of IFC’s own funds and over $282 million in syndications. IFC's investments in the country have been mainly in the financial, oil & gas and general manufacturing sectors.
Advisory Services
IFC began its advisory program in Kazakhstan in 1995, when it helped to privatize the East Kazakhstan Polymetallic Mines. Since then, advisory work has continued in the fields of steel production, oilservices, small banking, and more recently, housing finance. In recent years, IFC has been concentrating its efforts on creating favorable conditions for the growth of the leasing industry and housing finance in Kazakhstan. In addition, IFC is providing assistance to local small and medium enterprise suppliers operating in the oil and gas industry to achieve the internationally recognized ISO 9000 quality certification. More on advisory projects in Kazakhstan.
