Development Bank of Kazakhstan received ADFIAP award for contribution to modernization of national highways

28.04.25 15:06
/KASE, April 28, 2025/ – Development Bank of Kazakhstan JSC (KASE ticker – BRKZ) reported the following: quote Development Bank of Kazakhstan JSC (a subsidiary of the Baiterek holding, hereinafter – DBK) became the laureate of the Association of Development Finance Institutions in the Asia-Pacific Region (hereinafter referred to as ADFIAP) award in the Infrastructure Development category for the implementation of a large-scale project to repair national highways. The award ceremony was held on April 24 in Muscat, the capital of Oman. The project, financed by the DBK, envisages the repair of 5 thousand km of roads. To date, 1.2 thousand km have already been repaired, which contributes to the improvement of transport connectivity of the regions with key logistics and economic hubs. The implementation of the project will increase production capacity in the regions, create new jobs and provide comfortable conditions for the population – thanks to high-quality road infrastructure. unquote The full press release is available at https://kase.kz/files/emitters/BRKZ/brkz_relizs_280425_1.pdf [2025-04-28]