Annual growth of investments in Eurasia to be discussed in Almaty at EDB’s Annual Meeting and Business Forum
Almaty, 25 June 2024. The Eurasian region holds high development potential due to rapid urbanisation, the active adoption of new technologies and climate change, which drive new requirements for infrastructural development. The diverse trade flows facilitate the creation of new transportation corridors and energy links.
Experts highlight that the region’s countries have sufficient reserves and resources to implement major infrastructure projects, reducing their dependence on global financial structures. In particular, in recent years, Eurasian Economic Union nations have been successfully overcoming the international logistics crisis.
Multilateral development banks (MDBs) play an important role in investment projects, developing both their own and public-private partnership projects. Over the years of its operations, the Eurasian Development Bank (EDB) has implemented dozens of projects that have a direct impact on the development of the region. As of 1 April 2024, the EDB’s current investment portfolio totalled US $4.811 billion, comprising 81 projects in all member states. The Bank’s cumulative investment in the member economies has reached US $15.026 billion.
During the EDB Annual Meeting and Business Forum, Bank experts will discuss investment trends in Eurasia, assess current projects in transport infrastructure, digital systems, green energy, agriculture, industry and mechanical engineering, and outline the Bank’s plans to implement future projects in Eurasia.
Speakers include:
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Victor Lebedev – Head of the Directorate of Strategic Projects, Eurasian Development Bank
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Azamat Tyuleubai – Managing Director and Head of the Directorate of Energy, Eurasian Development Bank
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Sergey Ignatov – Senior Managing Director and Head of the Directorate of Transport and Infrastructure, Eurasian Development Bank
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Mariya Prozorova – Managing Director and Head of the Directorate of Industry, Eurasian Development Bank
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Aigul Mukhamadiyeva – Managing Director and Head of the Directorate of Natural Resources and Agriculture, Eurasian Development Bank
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Svetlana Maslova – Director of Public-Private Partnership Projects, Eurasian Development Bank
The EDB Annual Meeting and Business Forum will take place on 27–28 June in Almaty, Kazakhstan.
Additional Information:
The Eurasian Development Bank (EDB) is a multilateral development bank investing in Eurasia. For more than 18 years, the Bank has worked to strengthen and expand economic ties and foster comprehensive development in its member countries. The EDB's charter capital totals US $7 billion. Its portfolio consists principally of projects with an integration effect in transport infrastructure, digital systems, green energy, agriculture, manufacturing and mechanical engineering. The Bank adheres to the UN Sustainable Development Goals and ESG principles in its operations.
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