EDB is taking part in the All-Russian Development Institutions Forum
Almaty, 4 April 2013. Eurasian Development Bank’s (EDB) delegation headed by Gennady Zhuzhlev, Deputy Chairman of the Management Board, is taking part in the first All-Russian Development Institutions Forum, which opened today in Yekaterinburg. The event has been organised by the Middle Ural Development Corporation and the Agency for Strategic Initiatives. EDB is the official partner of the conference.
The forum will focus on the issues of attracting investment in economic and infrastructural projects in the regions as one of the key conditions for their development.
At the plenary session Gennady Zhuzhlev talked about EDB’s experience in fulfilling investment projects. He said in particular that the banks should be ready for a flexible assessment of complex infrastructural projects while the regions and enterprises, on their part, should be ready to provide relevant conditions for investors. Gennady Zhuzhlev recommended that the participants in the forum make a shift from theoretical discussions to practical actions in a more proactive fashion.
Gennady Zhuzhlev also co-moderated the roundtable titled Regional Development Institutions: Russian and International Experience. The participants in the forum, in addition to Vnesheconombank, the EBRD, EDB and the World Bank, include delegations from 45 regional development agencies and corporations that are working on the creation in their respective areas of favourable conditions to attract investors in the economy and infrastructure. The organisers of the forum consider it a unique platform to discuss the best practices of establishing an advanced infrastructure, an attractive business climate, an efficient management and a strong HR base – all being the key factors for attracting investment.
Additional Information
Eurasian Development Bank 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 exceeds US $1.5 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. Read more at https://eabr.org/.