ALMATY, Kazakhstan, December 18. Projects worth
$2.5 billion are currently under consideration by the Eurasian
Development Bank (EDB) in Kazakhstan, Ruslan Dalenov, Deputy
Chairman of the Management Board and Chief Economist of the EDB,
said, Trend
reports.
He made the announcement at a press conference on the results of
2025 in Almaty.
Dalenov noted that the DBAR's accumulated project portfolio in
Kazakhstan amounts to $9 billion. Technical assistance worth $16
million has been provided.
According to him, the DBAR's work in Kazakhstan is currently
being carried out in accordance with the five-year strategy for
2022-2026. Over four years, the EDB has invested $5.1 billion in
projects in Kazakhstan.
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.