BAKU, Azerbaijan, May 7. The Eurasian
Development Bank (EDB) has been admitted as a full member of the
Foreign Investors Council under the President of Uzbekistan,
Trend reports, citing
the EDB.
Chairman of the EDB Management Board, Nikolai Podguzov,
emphasized that membership in Uzbekistan’s Foreign Investors
Council constitutes a significant acknowledgment of the bank’s
contribution to the economic development of Central Asia.
“We observe a growing interest from international businesses in
Uzbekistan and are prepared to engage actively in dialogue with
both investors and government authorities. We aim to contribute to
enhancing the country’s investment potential while sharing our
extensive regional expertise and experience,” Podguzov stated.
The Foreign Investors Council serves as an advisory body under
the President of Uzbekistan, established to attract foreign direct
investment and improve the national investment climate. Its
membership comprises leading international financial institutions
and prominent foreign companies operating in Uzbekistan, including
the European Bank for Reconstruction and Development and the
International Finance Corporation.
The EDB is a multilateral development bank operating throughout
the Eurasian region. As of December 2025, the bank’s cumulative
portfolio encompassed 326 projects with total investments amounting
to $19.6 billion.
The largest share of the EDB portfolio consists of integration
projects in transport infrastructure, digital systems, green
energy, agriculture, industry, and mechanical engineering.
Under its 2022–2026 Strategy, the EDB is implementing three
mega-projects: the Central Asian Water and Energy Complex, the
Eurasian Transport Framework, and the Eurasian Commodity
Distribution Network.
Uzbekistan became the bank’s seventh member state in 2025.
