News — The EDB Fund for Digital Initiatives

The Eurasian Development Bank (EDB) has released its latest Macroeconomic Review for the Bank’s six member states.

Sevak Sarukhanyan, Director at the Directorate of Digital Initiatives of the Eurasian Development Bank (EDB), participated in the panel session titled Digital Transformation of Transport: Key Trends and Synergetic Effect at the 11th Asia-Pacific Trade Facilitation Forum, held under the auspices of ESCAP in Samarkand from 2 to 5 April 2024.

Clean Games, an interregional civil society organisation promoting environmental awareness and patriotism, and Impulse won the Digital Project Competition held by the Eurasian Development Bank’s (EDB) Fund for Digital Initiatives. The committee, chaired by Tigran Sargsyan, Vice Chairman of the EDB Management Board and Fund Supervisor, made the decision to select these projects.

Conrad Albrecht, Managing Director of the Eurasian Development Bank (EDB), took an active part in the Green Climate Fund’s (GCF) Regional Dialogue with Eastern Europe and Central Asia held from 18 to 22 March 2024 in Skopje, North Macedonia.

Dauren Rakhimzhanov, Managing Director of the Eurasian Development Bank’s (EDB) Directorate of Digital Initiatives, participated in the United Nations International Telecommunication Union’s (ITU) Regional Development Forum for CIS, organised with support from Kazakhstan’s Ministry of Digital Development, Innovations and Aerospace Industry.

Nikolai Podguzov, Chairman of the Eurasian Development Bank’s (EDB) Management Board, delivered a presentation at the Boao Forum for Asia (BFA) that is taking place these days in Hainan Province, China. The session titled Multinational Corporation (MNC) CEO Dialogue, focusing on emerging trends in MNC localisation, brought together CEOs from Chinese and multinational companies.

Adylbek Kasymaliev, First Deputy Chairman of the Cabinet of Ministers of the Kyrgyz Republic, has officially inaugurated the modernisation of the Kant Cement Plant. The Eurasian Development Bank (EDB) has allocated up to CNY 351.2 million for the project

The Eurasian Development Bank (EDB) has released a report titled Infrastructure in Eurasia: Short- Term and Medium-Term Trends. Eurasian countries  have incorporated the United Nations Sustainable Development Goals (SDGs) into their economic policies. However, their achievement is impeded by the significant deficit and high wear and tear of infrastructure. Transportation, logistics, energy, telecommunications, water supply and wastewater infrastructure suffers from inadequate investment. Rapid urbanisation, the active adoption of new technologies and climate change are driving new requirements for infrastructural development. The directions of trade flows are shifting, leading to the creation of new transportation corridors and energy links.

Olzhas Bektenov, Prime Minister of Kazakhstan, met with Nikolai Podguzov, Chairman of the Eurasian Development Bank’s (EDB) Management Board, to explore prospects for bolstering investment cooperation.