According to Akorda, on November 8, 2024, the head of state congratulated the guest on the 30th anniversary of fruitful cooperation between Kazakhstan and the ADB.
As stated by Kassym-Jomart Tokayev, Kazakhstan highly values the strategic nature of its interaction with the bank and its contribution to the implementation of major infrastructure projects and the strengthening of the national financial system.
From 1994 to 2024, the ADB financed projects in Kazakhstan amounting to approximately $7 billion. In particular, the bank was involved in the construction of the international transport corridor "Western Europe – Western China" and the reconstruction of the Aktobe – Kandyagash road.
The President emphasized the importance of further joint activities in new priority areas. He mentioned that work continues in Kazakhstan to liberalize the economy, improve the investment climate, and create conditions for unlocking the country's economic potential.
One of the promising areas of cooperation identified by the head of state is the decarbonization of the economy.
Masatsugu Asakawa highlighted that the ADB welcomes Kazakhstan's successes in the field of economic reforms and sustainable development.
He also assured that the bank is ready to continue close cooperation, including participation in major projects aimed at modernizing infrastructure, improving the social sector, and strengthening the investment climate.
Additionally, during the ADB leader's visit, an agreement is planned to be signed for the financing of the construction project of the Kyzylorda – Zhezkazgan highway for more than $300 million.
The day before, on November 7, Tokayev met with Russian Foreign Minister Sergey Lavrov. Welcoming the head of the Russian foreign ministry, the president noted the dynamic development of bilateral cooperation in the spirit of friendship, good neighborliness, and strategic partnership.