News — The EDB Fund for Digital Initiatives

The foreign direct investment (FDI) stock within Central Asia is estimated at US $1.1 billion by the end of 1H 2023, marking a 1.8-fold increase from 2016. The share of manufacturing and financial services is on the rise within the region’s structure of investment linkages

The Eurasian Development Bank has published its Macroeconomic Outlook for the Bank’s six member states. Bank analysts anticipate that GDP across the region’s countries will be close to a balanced growth path. Projections indicate a GDP growth of 5.7% in 2024 in Armenia, 2% in Belarus, 5% in Kazakhstan, 4.5% in the Kyrgyz Republic, 1.5% in Russia, and 7.3% in Tajikistan.

The Eurasian Development Bank (EDB) will host its Annual Meeting on 27–28 June 2024, bringing together a wide range of partners and experts, as announced by Nikolai Podguzov, Chairman of the EDB Management Board, at a press conference

The Eurasian Development Bank (EDB, Bank) signed a memorandum of cooperation with Kazakhstan’s Ministry of Water Resources and Irrigation (MWRI). Ruslan Dalenov, Vice Chairman of the EDB Management Board, and Bekniyaz Bolat, MWRI First Vice Minister, formalised this partnership during a ceremony in Astana

During the United Nations Climate Change Conference (COP28) taking place in Dubai, UAE, these days, the Eurasian Development Bank (EDB) and the Brazilian Development Bank (BNDES) signed a memorandum of cooperation aimed at fostering cross-border trade ties between Brazil and Eurasian countries. The document was signed by Conrad Albrecht, EDB Managing Director, and Natalia Dias, BNDES Managing Director

The Eurasian Development Bank (EDB) has obtained observer status to the United Nations Framework Convention on Climate Change (UNFCCC). This decision was formalised during COP28 – the United Nations Climate Change Conference, taking place these days in Dubai, UAE.

Representatives from the Eurasian Development Bank (EDB) addressed the peculiarities of investing in sustainable development and climate resilience in Central Asia during COP28, the United Nations Climate Change Conference held in Dubai, UAE.

The EDB to finance Almaty CHP-3 conversion from coal to gas

As part of celebrations on the occasion of the 25th anniversary of the Foreign Investors’ Council chaired by the President of Kazakhstan, Nikolai Podguzov, Chairman of the Management Board at the Eurasian Development Bank (EDB), was awarded a certificate of honour from the President of Kazakhstan for an outstanding contribution to the nation’s economic development and enhancement of its investment image