ALMATY, Kazakhstan, December 18. The Eurasian
Development Bank (EDB) has signed 21 new projects this year aimed
at supporting the economies of its member countries, Nikolai
Podguzov, Chairman of the EDB Board, said at a press conference on
the results of 2025 in Almaty, Trend's special correspondent reports.
“Over 20 new projects designed to boost the economies of our
member countries have been signed this year, with total annual
investments set to surpass $2.6 billion. During this pivotal
period, our focus has been on enhancing our impact and driving
development across the priority sectors of each member nation,” he
said.
Podguzov highlighted that these efforts focus on key traditional
sectors, including infrastructure, green energy, industrial
development, digitalization, and the diversification and
competitiveness of economies.
“We are actively carrying out such projects in Armenia,
Kyrgyzstan, and Tajikistan, and this year our investment portfolio
in these countries has grown to $659 million, 1.5 times higher than
last year,” the chairman added.
The EDB, a multilateral development bank, aims to foster
economic growth, expand trade and economic ties among member
states, and promote regional integration through investment
activities. Its seven member countries include Armenia, Belarus,
Kazakhstan, Kyrgyzstan, Russia, Tajikistan, and Uzbekistan.
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