The EDB receives the PPP Award for International Partner of the Year

28 September 2023

Bishkek, 28 September 2023. The Eurasian Development Bank (EDB) received an award for International Partner of the Year at the Second International PPP Conference held in the Kyrgyz Republic. This accolade acknowledges the high level of collaboration and the Bank’s contribution to PPP development in the region.

The EDB and the Kyrgyz Republic’s PPP Centre initiated a close collaboration following the First International PPP Conference, which took place in the Kyrgyz Republic. Since then, both parties have actively supported each other’s endeavours to promote PPPs, enhance expertise, refine the legislative and institutional framework for PPPs, and identify potential projects, including cross-border initiatives.

Svetlana Maslova, Director of PPP Projects at the EDB, expressed her gratitude for the fruitful cooperation with the Kyrgyz Republic’s PPP Centre.

“We do our best to ensure that our partnership contributes to the development of the Kyrgyz Republic and regional cooperation. The EDB focuses on innovative projects capable of transforming regional infrastructure and fostering sustainable development. During this period, the Technical Assistance Fund financed a PPP workshop in the country. Furthermore, in collaboration with the national PPP centres of other member countries of the Bank, we conducted a review of PPP legislation and proposed harmonisation measures. We also commenced efforts to promote cross-border PPPs, among other initiatives. The Bank and the PPP Centre are exploring several potential PPP projects in the transport sector,” she said.

The conference brought together more than 50 international PPP experts and representatives from 15 international financial institutions. The participants commended the Kyrgyz Republic’s efforts to create a conducive environment for PPP infrastructure projects.

The Second International PPP Conference in the Kyrgyz Republic was hosted by the PPP Centre of the National Investment Agency chaired by the President of the Kyrgyz Republic, with support from the Asian Development Bank, the UN Economic Commission for Europe, the World Association of PPP Units and Professionals, UNICEF and the International Finance Corporation, among other institutions. 

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. 

Eurasian Development Bank

Aigerim Akhanova

+7 (727) 244 40 44, ext. 6147

+77013283898

pressa@eabr.org

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