Eurasian Development Bank Invested $7.7 Billion in Central Asia Since 2006

The main areas of financing include industry ($2 billion), infrastructure ($1.8 billion), energy ($1.6 billion), transport ($1 billion), and the agro-industrial complex ($600 million).

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Since its establishment in 2006, the Eurasian Development Bank (EDB) has invested a total of $7.7 billion in the economies of Central Asian countries, with $4 billion of this amount allocated in the past three years alone.

Deputy Chairman of the Bank’s Management Board Ruslan Dalenov announced this at an international press conference, The Caspian Post reports, citing Kyrgyz media.

The main areas of financing include industry ($2 billion), infrastructure ($1.8 billion), energy ($1.6 billion), transport ($1 billion), and the agro-industrial complex ($600 million). 

In addition to investments, the bank has allocated grants for technical assistance in the amount of $13.4 million.