The Asian Infrastructure Investment Bank (AIIB) has identified potential infrastructure projects in Kazakhstan worth up to $6 billion, reported Trend, citing the bank’s chief investment officer.
The projects form part of a multi-year pipeline agreed under a memorandum of understanding signed in Beijing in September 2025. The memorandum provides for up to $6 billion of AIIB investment by 2029 in 14 large sovereign-guaranteed projects. They cover three areas:
- modernising transport networks and strengthening Kazakhstan’s role as an international transit hub;
- supporting the transition to green energy;
- social infrastructure, including perinatal healthcare.
AIIB vice president Konstantin Limitovskiy and Kazakhstan’s ambassador to China, Shakhrat Nuryshev, signed the memorandum in the presence of President Kassym-Jomart Tokayev and then AIIB president Jin Liqun.
The Beijing-based bank, founded on China’s initiative in 2016, has become one of Kazakhstan’s main sources of long-term development finance alongside the World Bank, the ADB and the EBRD. The pipeline fits Astana’s plans to expand the Trans-Caspian International Transport Route, also known as the Middle Corridor, and to add new power generation. It also shows China’s growing financial role in Central Asia, through multilateral lending as well as bilateral loans.
CentralasianLIGHT.org,
November 11, 2026