EDB and the Global Infrastructure Hub sign a memorandum of understanding in Singapore
Singapore, 25 May 2017. Eurasian Development Bank (EDB) and the Global Infrastructure Hub (GI Hub) signed a memorandum of understanding. The signatories were Dmitry Pankin, Chairman of the Management Board at EDB, and Christopher Heathcote, CEO of GI Hub.
The memorandum was signed in Singapore on the sidelines of the Global Infrastructure Initiative Summit. It envisions cooperation between the institutions such as the exchange of information about infrastructure projects and their financing by governments, international organisations, development banks and the private sector, the exchange of related best practices and the conduct of research and information events.
For reference: The Global Infrastructure Hub is an institution set up in Sydney (Australia) in November 2014 by the G20. GI Hub aims to create conditions promoting public and private investment in quality infrastructure projects by bringing together governments, the private sector, investors, national, regional and multilateral development banks, international organisations and other stakeholders.
Additional Information:
Eurasian Development Bank (EDB) is an international financial institution founded by Russia and Kazakhstan in January 2006 with the mission to facilitate the development of market economies, sustainable economic growth, and the expansion of mutual trade and other economic ties in its member states. EDB's charter capital totals US $7 billion. The member states of the Bank are the Republic of Armenia, the Republic of Belarus, the Republic of Kazakhstan, the Kyrgyz Republic, the Russian Federation, and the Republic of Tajikistan.
EDB Media Center:
+7 (727) 244 40 44 ext. 6147 (Almaty)
+7 (495) 645 04 45 ext. 2732 (Moscow)
e-mail: pressa@eabr.org
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