ALMATY, Kazakhstan, December 18. The Eurasian
Development Bank (EDB) has outlined three major projects in
Uzbekistan for financing in 2026, EDB Deputy Management Board
Chairman Yaroslav Mandron said at a press conference in Almaty
reviewing the results of 2025, Trend reports.
“The first project is the Almalyk plant, where our investments
are expected to range from $100 million to $150 million. We have
already discussed this with the client and are now awaiting the
final package of documents from the government to secure a full
mandate for project financing.”
Mandron added that the project also includes the construction of
a polymer production complex. Another area of interest for the bank
is the development of airport infrastructure, particularly the
construction of an airport in Bukhara.
Earlier, President of Uzbekistan Shavkat Mirziyoyev signed a law
ratifying the country’s accession to the Agreement Establishing the
Eurasian Development Bank (EDB), making Uzbekistan the Bank’s
seventh member and its third-largest shareholder with a 10%
stake.
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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