The investment portfolio of the Eurasian Development Bank
(EDB) in Kazakhstan has exceeded $7 billion. It includes 116 projects, with 43
ongoing ones totaling nearly $3 billion. The bank’s performance over the past
year, along with key aspects of its current operations, was reviewed at a
meeting of the EDB Council chaired by Prime Minister Olzhas Bektenov, who was
elected its Chairman. During the meeting, participants highlighted increased
investments in initiatives in Armenia, the Kyrgyz Republic, and Tajikistan. It
was also noted that Uzbekistan has officially joined the agreement establishing
the financial institution. Notably, the EDB aligns its activities with the
United Nations Sustainable Development Goals. Currently, over 30% of its
projects fall under this category, more than twice the established target.
Under its 2022–2026 strategy, the Bank is implementing three mega projects: the
Central Asian Water and Energy Complex, the Eurasian Transport Network (ETN),
and the Eurasian Commodity Distribution Network.
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