The G7 plans to invest $200 billion in Central Asian infrastructure
The G7 countries are ready to invest up to $200 billion in infrastructure projects in Central Asia, and Kazakhstan is one of the main destinations for these investments, Acting Special Coordinator for the Partnership on Global Infrastructure Investment (PGI) in the United States (U.S.) Department of State Helaina Matza said at a July 19 meeting with Kazakh Deputy Foreign Minister Nazira Nurbayeva.
The Kazakh Foreign Ministry reports that the PGI program plans to invest $600 billion in infrastructure projects in developing countries by 2027. The initiative focuses on strengthening supply chains, enhancing food and energy security, and expanding trade between Central Asia and Europe.
Discussions covered investments in transport, clean energy, agriculture, and mining. Kazakhstan’s Foreign Minister Nurbayeva highlighted opportunities in transport infrastructure, clean energy, critical minerals, and agriculture, and expressed readiness for U.S. collaboration on major infrastructure projects and economic ties.(Source:astanatimes)
