PetroKazakhstan provides $15 million USD for development projects

Funder	China (People's Republic of)
Recipient Organization	Kazakhstan
Country	Kazakhstan
Start Date	Dec 30, 2006
End Date	Mar 06, 2026
Duration	7,006 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`73506`

Grant Description

From 2006 to 2008, PetroKazakhstan Inc. signed Socio-Economic Cooperation Memorandums with Akimats of Kyzlorda and South Kazakhstan (now known as Turkestan).

It provided $15 million USD for projects to improve local infrastructure, urban heating, agricultural development, sports, culture, education, healthcare, and public welfare. Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.