ALMATY, Kazakhstan, December 18. A potential
portfolio of projects for the Eurasian Development Bank (EDB) in
Uzbekistan has been formed, EDB Chairman Nikolai Podguzov said at a
press conference on the results of 2025 in Almaty, Trend's special correspondent
reports.
According to a special correspondent for Trend on Thursday, this
was announced by EDB Chairman Nikolay Podguzov at a press
conference on the results of 2025 in Almaty.
“We have already begun working on projects in Uzbekistan. The
potential portfolio has already been formed. We will implement it
and continue to carry out our development mission,” he said.
Podguzov recalled that on April 10, 2025, President of
Uzbekistan Shavkat Mirziyoyev signed a law that enabled Uzbekistan
to become the seventh member of the bank:
“For the Republic of Uzbekistan itself, this means a new impetus
for the modernization of transport, energy, and agriculture. For
all EDB member countries, this means increased opportunities for
cooperation, trade, and strengthening food security.”
The EDB is a multilateral development bank designed to promote
economic growth in member states, expand trade and economic ties
between them, and develop integration processes in the Eurasian
space through investment activities. The EDB has seven member
countries: Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia,
Tajikistan, and Uzbekistan.
