The EDB and ZTE join forces to accelerate digital transformation in the Bank’s member countries
Astana.
The Eurasian Development Bank (EDB) and ZTE Corporation have signed a memorandum of cooperation in Astana to promote the joint implementation of telecommunications projects in Central Asia.
The memorandum was signed by Ruslan Dalenov, Vice Chairman of the EDB Management Board, and Xiao Kaiwen, Vice President of ZTE Corporation.
The partnership aims to combine ZTE Corporation’s advanced technological solutions with the EDB’s financial expertise to develop and implement infrastructure and service projects. Its main goal is to create a sustainable, modern digital ecosystem that supports economic growth and improves living standards in the Bank’s member countries.
“Digitalisation is a key priority for our Bank and for its member countries. Our partnership with ZTE Corporation, a recognised leader in the industry, will allow us to combine financial resources and technological innovation to achieve these ambitious objectives and advance sustainable development in the region,” said Ruslan Dalenov.
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.
ZTE Corporation is a Chinese company founded in 1985 and one of the world’s leading manufacturers of telecommunications equipment and providers of comprehensive ICT solutions. Through its innovative technologies and products, ZTE serves telecom operators, governments, businesses and private customers in more than 160 countries and regions, providing digital solutions to over 2 billion people worldwide.
The EDB Media Centre:
+7 (727) 244 40 44, ext. 4774 and 2160
