Digital projects are becoming a new driver of Eurasia's sustainable economic growth and integration
Almaty, 25 June 2026. – Participants of the "Digital Eurasia: Technology, Innovation and Growth" session held as part of the Eurasian Development Bank's (EDB) Annual Meeting and Business Forum discussed the role of digital technologies in creating a unified regional economic space, developing artificial intelligence, public administration, water resources and transport management, and supporting entrepreneurship and innovation.
With the rapid development of artificial intelligence, big data, and digital platforms, Eurasian countries are faced with the need to create a technological infrastructure capable of ensuring sustainable economic growth, increasing productivity, and improving life standards.
"The high demand for artificial intelligence is not arguable anymore. However, the future belongs not to artificial intelligence per se, but to the right combination of AI capabilities and human potential. It is precisely this kind of partnership that will enable us to achieve a qualitatively new level of efficiency, innovation, and competitiveness in the economy," noted Tigran Sargsyan, Deputy Chairman of the EDB Management Board.
Discussion participants noted that digital transformation is becoming not only a tool for modernizing specific industries, but also an important factor in regional integration. Digital solutions help build trust, remove trade barriers, enhance the efficiency of natural resource management, develop transportation systems, improve healthcare, and create new business opportunities.
"Today, trust between systems is becoming the most valuable resource. Those countries that are the first to learn how to build such trust will become not just participants in global trade, but its architects. In this respect, the EDB acts not only as our financial partner, but also as a co-author of change, facilitating the implementation of modern technologies and strengthening the economic connectivity of the region's states. I am convinced that we will be able to create a more connected and technologically advanced Eurasia through constructive dialogue, cooperation, and joint investments," added Asset Nusupov, Vice Minister of Trade and Integration of the Republic of Kazakhstan.
The session also featured a presentation of projects financed by the EDB Fund for Digital Initiatives, which are currently at various stages of implementation and scaling. These include projects for digital technical regulation and water resources management in Kazakhstan, a start-up development platform with access to AI SuperCloud tools, an intelligent transport management system, AI-based digital healthcare solution, as well as a geo-analytical platform for governments, urban planners, small and medium-sized businesses.
The winning projects from the 2025–2026 EDB Digital Projects Competition were presented during the session. Winner cups were awarded to Anton Mayevsky, Director of Strategic Development at Inventorus LLC, for the Inventorus platform development project, and to Alexander Fradkov, First Deputy General Director of IRTech JSC, for the project focused on development of the IRTech digital education platform in Tajikistan.
Additional Information:
The Eurasian Development Bank (EDB) is a multilateral development bank investing in Eurasia. For more than 20 years, the Bank has worked to strengthen and expand economic ties and foster comprehensive development in its member countries. By the end of December 2025, the EDB’s cumulative portfolio comprised 326 projects with a total investment of US $19.6 billion. The Bank's portfolio consists principally of projects with an integration effect in transport infrastructure, digital systems, green energy, agriculture, manufacturing, and mechanical engineering. The Bank’s operations are guided by the UN Sustainable Development Goals and ESG principles.
As part of its 2022–2026 Strategy, the EDB is implementing 3 mega-projects: The Water and Energy Complex of Central Asia, The Eurasian Transport Network, and The Eurasian Commodity Distribution Network.
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