IFC - International Finance CorporationIFC - International Finance Corporation -- » Creating Opportunity...
Investment ProductsAdvisory ServicesPublications and ResourcesContact Us
AlbaniaArmeniaAzerbaijanBelarusBosnia-HerzegovinaBulgariaCroatiaCzech RepublicEstoniaFYR MacedoniaGeorgiaHungaryKazakhstanKyrgyz RepublicLatviaLithuaniaMoldovaMontenegroPolandRomaniaRussian FederationSerbiaSlovak RepublicSloveniaTajikistanTurkeyTurkmenistanUkraineUzbekistan

IFC Investments in Kazakhstan (selected)


Year
Project
Project
Cost*
(million USD)
IFC
Financing*
(million USD)
Project
Description
2008
Bank Caspian
80.0
Loan to provide a warehousing facility, a trade finance line and a credit enhancement facility to Bank Caspian, the 7th largest bank in Kazakhstan
2007
Italcementi
200.0
50.0
To support Italcementi Group, a leading Italian cement group, for its expansion in Kazakhstan.
2005
Bank Center Credit (CA Leasing)
10.0
10.0
Loan to provide leases to small and medium enterprises through its subsidiary, CentreLeasing.
2004
BTA Leasing
10.0
1.1
BTA Leasing will expand its leasing operations and strengthen its capital base and institutional capacity.
2003
Nelson Resources
3.6
5.3
Nelson Resources Limited augmented its working capital and fund exploration, development, and production at its oil and gas projects.
2003
Citibank Kaz
20.0
25.0
Loan to expand CJSC Citibank Kazakhstan mid-term lending operations and enhance the supply of finance to the local private sector.
2003
Astana Tower
22.0
5.0
Business and shopping center will generate commercial development and boost related support services as commerce and business activity grows in Astana.
2003
ABN AMRO Kazak
47.5
22.07
Financing provided to expand commercial banking operations for Kazakh enterprises and international joint ventures.
2002
Central Asia Facility
118.0
45.0
Loan to the Central Asia Micro and Small Enterprise Facility, to increase availability of funds for small enterprises by creating specialized micro and small business finance windows at selected local banks.
1999/2001
Rambutya LLP
35.6
12.9
Construction and operation of a large greenfield supermarket with integrated shopping malls.
2001
IKSME Resource
3.4
3.4
Rehabilitation of a privatized integrated steel plant, which also owns coal mines and captive power plants, including an important component for environmental improvements.
2000
SEAF Central Asia Small Enterprise Fund
20.0
2.5
SEAF Central Asia Enterprise Fund LLC will provide equity, quasi-equity, debt financing, and technical and managerial assistance to Central Asia.
2000
Sazankurak
44.9
15.0
Loan and quasi-equity to expand the Sazankurak oil field in western Kazakhstan.
2000
SEF LP-Gaz Ltd.
4.0
2.0
Greenfield development of a network of liquefied petroleum gas (LPG) distribution centers by LP-Gaz.
1999
TuranAlem
15.0
15.0
Credit line to the second largest bank in Kazakhstan. The bank provides a full range of commercial banking services, and its client base includes many leading enterprises.
1997/1999
Kazkommertsbank
32.5
12.5
Credit line to the largest bank in Kazakhstan. In addition, IFC extended the bank a loan targeting SMEs in the Karaganda region.
1998
SEF Const. Mat.
2.6
1.1
Assisting a small local company to expand production of concrete slabs, concrete pavement blocks, and concrete hollow blocks.
1997/1998
Ispat Karmet
832.5
76.7
Financing to a flat steel producer Joint Stock Company Ispat Karmet, to restore capacity to its steel, power, and coal operations, expand product mix to higher-value-added products, and improve environmental practices.

* Project cost and IFC financing refer to amounts approved by the IFC's Board.