WASHINGTON, February 22, 2024 — The World Bank’s Board of Executive Directors approved today a $92,43 million financing package for Kazakhstan Digital Acceleration for an Inclusive Economy (DARE) Project. The project is set to provide high-quality and climate-resilient broadband access to selected underserved regions of Kazakhstan, with the goal of benefiting over one million people in rural areas.
The DARE Project addresses Kazakhstan's increased needs for robust digital infrastructure, which has become evident due to the country's reliance on natural resources and recent socioeconomic challenges. With the goal of eliminating the digital divide by ensuring that remote and rural communities have the same access to digital services as urban centers, the initiative is part of its 2025 National Development Plan and the "Digital Kazakhstan" State Program, which prioritize innovation and digitalization as key elements of its long-term development strategy. Providing broadband access to all is a vital part of this strategy, designed to foster a shift towards a more sustainable and competitive economic model.
“This project is a testament to our commitment to ensuring that every citizen of Kazakhstan can participate in the global digital economy. By providing high-quality broadband access to the underserved communities, we are laying the foundation for innovation, education, and economic growth,” said Andrei Mikhnev, World Bank Country Manager for Kazakhstan.
To attract private capital for infrastructure investments, the project will offer matching grants on a competitive basis for deploying backhaul and access broadband networks (last mile) to households, businesses, and public institutions in the selected areas.
The deployment of cutting-edge technology will extend broadband coverage, enhance internet speeds, and improve service quality. This will not only provide better connectivity for individuals and businesses but also bolster the growth of Kazakhstan's digital economy.
The DARE Project aligns with Kazakhstan’s Country Partnership Framework for FY20-25, which emphasizes growth, inclusion, and sustainability as its three strategic areas of focus.
