Participants from dozens of countries attend the Eurasian Congress '23
Sochi, 8 June 2023. The Eurasian Congress '23 starts today at the Sirius Park of Science and the Art in Sochi. The forum will bring together representatives from governments, businesses, academia, and experts from dozens of countries. The discussions will focus on the future of Eurasia, cross-border public-private partnerships, food and water security, as well as investment and capital growth opportunities for Central Asian countries. The congress is hosted by the Eurasian Development Bank (EDB).
On the first day of the congress, the EDB will present its report on Cross-border Public-Private Partnerships. PPPs hold great significance for landlocked developing countries and have the potential to scale up joint projects. However, the full potential of such partnerships has yet to be realised. The Bank has prepared an analytical report that outlines the scope of cross-border PPP projects and assesses their potential for facilitating cross-border infrastructure development in the EAEU and Central Asia.
The Eurasian Congress '23 will feature sessions where experts, along with representatives from government, business and financial institutions, will discuss the region’s most pressing challenges.
One of the sessions will explore cross-border and cross-country PPPs as a mechanism for investment projects. It will focus on the principles of structuring cross-border and cross-country PPPs for key investment mega-projects and highlight the competitive advantages derived from the participation of EAEU member states, private investors, and financing institutions in such endeavours.
Another session will discuss cross-country investment projects in industry. The agenda will address which industries in Eurasia possess real potential for generating unique technological solutions, how to foster the development of regional value chains, and how to adapt logistics to new market conditions.
The session on Digital Transformation and Building a New Economic Setup in Eurasia will bring together dozens of IT and related businesses to discuss new digital projects that could be important in the context of digital transformation, integration, and the development of joint competencies.
One of the most significant topics on the agenda is the Eurasian water and energy complex. Experts suggest a high probability of further deterioration in Central Asian water resources, with water stress projected to increase 2.8-fold by 2050. This will happen not only due to global climate change, but also as a result of rapid population growth, urbanisation, and agricultural and industrial development. EDB experts have extensively studied the issue of water supply in Central Asia and will propose five possible solutions.
The highlight of the congress will be the plenary session titled Eurasia of the Future: From Challenges to Solutions scheduled for 9 June. This key event will bring together high-level representatives from nine countries.
The forum will also witness several signings of documents relating to public-private partnerships and transport infrastructure.
A live stream of the Eurasian Congress '23 is available on the event website.
The Eurasian Congress ‘23 media partners are the Mir TV and radio company, Ala Too 24 TV Channel, Belarus Segodnya, Delovoy Kazakhstan, BelTA, Prime Press, Golos Armenii, ARKA, ArmInfo, Tazabek, Akchabar, Kazahstan Today, Khovar, and LSM.
Additional Information:
The Eurasian Development Bank (EDB) is an international financial institution promoting integration and development in its member countries. For more than 17 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’s operations are guided by the UN Sustainable Development Goals and ESG principles.
Telegram: @eabr_bank
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