New, state-of-the-art logistics hub in Almaty: the EDB finances the expansion of the Eurasian Agricultural Goods Distribution System
Almaty, 2 December 2025 – The Eurasian Development Bank (EDB) and Eurasian Logistics Park (ELP) have launched one of Kazakhstan’s largest Class A warehouse complexes. Covering more than 50,000 m2, the facility will become a key hub for e-commerce and international trade in Central Asia.
The EDB began financing the project in 2024, providing KZT 16.6 billion to construct the Eurasian Logistics Park. The total project cost amounts to KZT 22.1 billion. This investment represents another step in advancing the Bank’s strategy to build a modern Eurasian agricultural goods distribution system aimed at improving logistics and accelerating trade across the region.
“For the EDB, this project is a systemic contribution to the development of Eurasia’s logistics network. We are creating growth drivers rather than merely warehouses: they reduce costs, speed up delivery and ultimately make goods more affordable for millions of consumers from Almaty to Minsk. The Eurasian Logistics Park is a tangible building block in the foundation of our key mega-project – the Eurasian Agricultural Goods Distribution System,” said Sergey Ignatov, Senior Managing Director and Head of the EDB Project Unit.
The new logistics hub is located at the crossroads of transport routes along the Western China – Western Europe corridor. Its key advantages include proximity to the BAKAD interchange (5 km), the international airport (approximately 20 km) and a 35-minute connection to the centre of Almaty.
“We built the Eurasian Logistics Park in response to Kazakhstan’s rapidly developing market and the rising demand for high-quality warehouse facilities. In recent years, the country’s strong economic potential has been constrained by a shortage of Class A warehouse space required for business expansion. The ELP is helping to bridge this gap – we have launched the country’s largest Class A speculative project, which will serve as a platform for business growth and a key link in Kazakhstan’s logistics infrastructure,” said Roman Zhuzhlev, CEO of Eurasian Logistics Park.
The ELP meets the highest international standards and is equipped with state-of-the-art security systems, including automatic fire suppression and smoke extraction, as well as amenities for employees.
The establishment of modern logistics hubs directly contributes to the EDB’s strategic objectives: expanding non-sovereign financing, promoting integration projects and strengthening transcontinental connectivity. This project is a clear example of how infrastructure investment transforms the region’s transit potential into tangible economic benefits for countries and their citizens.
The project was implemented by Aurora Development with the participation of co-investor Sudakov Group.
Background:
According to the EDB’s report Warehouse Infrastructure in Eurasia: Opportunity of the Decade, the warehouse sector in Eurasia is undergoing rapid expansion. Between 2021 and the first quarter of 2025, the total warehouse space in Central Asia, the South Caucasus and Belarus reached 5.5 million m². Kazakhstan is among the leaders, with 1.6 million m² of warehouse facilities. The vacancy rate in the country has dropped to 3%, underscoring strong demand for this type of real estate.
The main drivers of this rapid growth are expanding foreign trade and the fast development of e-commerce. EDB analysts estimate that demand for e-commerce warehouse space in Eurasia could rise from 2.9 million m² to 22.8–27.3 million m² by 2040. Overall, by 2040, demand for modern warehouse space in Eurasia is expected to almost double, exceeding 120 million m².
Additional Information:
The Eurasian Development Bank (EDB) is a multilateral development bank investing in Eurasia. For more than 19 years, the Bank has worked to strengthen and expand economic ties and foster comprehensive development in its member countries. By July 2025, the EDB’s cumulative portfolio comprised 319 projects with a total investment of US $19.1 billion. The 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.
The EDB is implementing three mega-projects as part of its 2022–2026 Strategy: the Central Asian Water and Energy Complex, the Eurasian Transport Network and the Eurasian Agricultural Goods Distribution System.
The EDB Media Centre:
+7 (727) 244 40 44, ext. 4774 and 2160