On February 26, 2026, during the visit of the official delegation of the Republic of Kazakhstan, with the participation of Minister of Industry and Construction of the Republic of Kazakhstan Yersayin Nagaspayev, to the headquarters of the Islamic Development Bank in Jeddah, the Industrial Development Fund signed a Framework Agreement with the Islamic Development Bank to attract financing in the amount of USD 1.3 billion.
- The Industrial Development Fund is working to secure financing from the Islamic Development Bank to support the construction of infrastructure in special economic and industrial zones. This will enhance the investment attractiveness of the regions by drawing new investments and facilitating the establishment of new production facilities, - noted Zhanar Ibrasheva, Deputy Chairman of the Management Board of the Industrial Development Fund.
The Agreement provides for the allocation of funds for the construction of infrastructure in special economic and industrial zones of the Republic of Kazakhstan, including electricity, heat, water and gas supply facilities, as well as transport and other related infrastructure.
The signing of the Framework Agreement confirms the steady development of partnership relations between the Republic of Kazakhstan and the Islamic Development Bank, aimed at implementing the objectives set by the Head of State to attract investment into the national economy.
