EBRD Boosts Industrial and Logistics Projects in Kazakhstan

The European Bank for Reconstruction and Development (EBRD) is stepping up support for industrial and logistics infrastructure in Kazakhstan and Central Asia, backing the operations of Sarens Kazakhstan.

Under the agreement, the EBRD will provide a loan of up to 25 million euros (in tenge equivalent) to Sarens Kazakhstan, a wholly owned subsidiary of Belgium-based Sarens Group, a family-owned multinational specializing in heavy lifting and engineered transport solutions, The Caspian Post reports via Kazakh media.

The financing will allow the company to expand its integrated engineering services, including heavy lifting, engineered transportation, and installation. The funds will be used to purchase high-capacity cranes, trailers, and other specialized vehicles, as well as to support working capital needs.

The new equipment is expected to enable the installation of at least 11.75 gigawatts of additional wind power capacity, contributing to Kazakhstan’s goal of raising the share of renewable energy to 15 per cent by 2030.

The project will also support the development of logistics infrastructure linked to the Trans-Caspian Corridor, a strategic route strengthening sustainable transport connections between Europe and Central Asia.

The long-term loan offers a longer maturity than currently available from local commercial banks, aligning with the EBRD’s strategy to advance green economic transformation and sustainable infrastructure.

To date, the EBRD has invested nearly 10.3 billion euros in Kazakhstan across 342 projects, with the majority of funding directed toward private sector development.