(IN BRIEF) The EBRD is providing €35 million in financing to modernise Kazakhstan’s port of Aktau, with up to €10 million in additional support expected from the EU, creating a total package of €45 million. The funds will extend berths and introduce new cranes, doubling the port’s container-handling capacity and reducing handling times. The project is part of Aktau’s ambition to become the Caspian region’s largest container terminal by 2026, processing 240,000 TEUs annually. The project is also set to benefit from an additional EU grant of up to €10 million through the Asia Pacific Investment Facility, bringing the total financing package to €45 million. It is also part of the global transport and logistics infrastructure solutions covered by the EU Global Gateway initiative.