03.12.2025, 16:48 29566

The EDB and the Academy of Public Administration under the President of the Republic of Kazakhstan launch a training programme on project management and project finance in the public sector

The Academy of the Eurasian Development Bank and the Academy of Public Administration under the President of the Republic of Kazakhstan held a three-day workshop titled Project Management and Project Finance for Public Officials of the Republic of Kazakhstan, EDB reports.

The workshop took place on 24-26 November in Astana and brought together 20 representatives of Kazakhstan’s ministries and government agencies responsible for economic policy, investment, infrastructure development, budgeting, digital solutions and risk management.

The event marked another step in strengthening cooperation between the EDB and government institutions and contributed to building a shared understanding of project finance opportunities in Kazakhstan. This, in turn, is expected to enhance the effectiveness of national development projects.

The workshop focused on strengthening the practical skills of public officials in project management and project finance. The programme combined substantive thematic sessions with hands-on exercises and case studies.

Speakers included representatives of Kazakhstan’s government agencies, faculty of the Academy of Public Administration, international consultants and senior EDB experts.

Azamat Tyuleubai, Senior Managing Director and Head of the EDB Project Unit, emphasised the importance of partnership between state bodies and financial institutions: "Project finance is an important mechanism for attracting investment to Kazakhstan. Thanks to the active engagement of government agencies, project finance in the country is gaining institutional stability: the state provides regulatory support, risk-sharing mechanisms and participation through development institutions. The EDB Academy can serve as a platform for exchanging views and studying international experience in major project-finance and PPP initiatives."

Participants explored the architecture of project management and the evolution of project finance in Kazakhstan, as well as the specifics of project structuring by international financial institutions. Particular attention was given to practical tools such as responsibility and risk matrices, project readiness checklists, credit quality analysis, performance evaluation, and monitoring mechanisms.

During the programme, participants examined real cases of sectoral and infrastructure projects, reviewed common mistakes in project preparation and gained access to research materials from the EDB and other multilateral development banks.

Additional Information:

The EDB Academy is an expert platform that supports the realisation of the economic potential of the Bank’s member countries. Its core mission is to facilitate knowledge sharing and the dissemination of best practices, as well as to strengthen collaboration among government agencies, businesses and other stakeholders in areas such as project finance, macroeconomic modelling and development bank operations. The EDB Academy delivers training through short-term in-person workshops, as well as online courses and webinars.

The Eurasian Development Bank (EDB) is a multilateral development bank investing in Eurasia. For more than 19 years, the Bank has worked to strengthen and expand economic ties and foster comprehensive development in its member countries. By July 2025, the EDB’s cumulative portfolio comprised 319 projects with a total investment of US $19.1 billion. The portfolio consists principally of projects with an integration effect in transport infrastructure, digital systems, green energy, agriculture, manufacturing and mechanical engineering. The Bank adheres to the UN Sustainable Development Goals and ESG principles in its operations.

The EDB is implementing three mega-projects as part of its 2022-2026 Strategy: the Central Asian Water and Energy Complex, the Eurasian Transport Network and the Eurasian Agricultural Goods Distribution System.
 

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