20 YEARS
spent developing Eurasia

The Eurasian Development Bank is a reliable partner
in implementing the region's largest projects

ЕАБР
About Us

The Eurasian Development Bank is a multilateral development bank investing in Eurasia.

For 20 years, the Bank has worked to strengthen and expand economic ties and foster comprehensive development in its member countries. By the end of 2025, the EDB’s cumulative portfolio comprised 326 projects with a total investment of US $19,6 billion. Its portfolio consists principally of projects with an integration effect in transport infrastructure, digital systems, green energy, agriculture, manufacturing and mechanical engineering. The Bank adheres to the UN Sustainable Development Goals and ESG principles in its operations.

The EDB is implementing three mega-projects as part of its 2022–2026 Strategy: the Eurasian Transport Network, the Eurasian Agricultural Goods Distribution System and the Central Asian Water and Energy Complex.

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History of development

Key milestones in the development of the Eurasian Development Bank (EDB) in 2006–2026

2006

January 12: The Agreement Establishing the Eurasian Development Bank (EDB) was signed between the Republic of Kazakhstan and the Russian Federation

June 16: Commencement of operations, opening of headquarters in Almaty, Kazakhstan

2008

By year-end, the investment portfolio exceeded US $1 billion.

Establishment of the EDB Technical Assistance Fund

2009

The Republic of Armenia joined the EDB

The Republic of Tajikistan joined the EDB

2010

The Republic of Belarus joined the EDB

2011

The Kyrgyz Republic joined the EDB

The accumulated portfolio reached US $3.4 billion (61 projects)

2012

Launch of the annual Monitoring of Mutual Investments (MMI) report

2013

Assignment of an international financial institution status according to the OECD classification

2016

Accumulated portfolio amounted to US $5.4 billion (142 projects)

2019

Approval of the Programme for Financing Renewable Energy Projects with a total capacity of up to 500 MW in the Bank's member countries.

2020

Establishment of the EDB Fund for Digital Initiatives. "Traveling Without COVID-19" mobile app became the first project implemented by the Fund.

The EDB became a shareholder in the Green Finance Centre operating under the Astana International Financial Centre.

2021

Debut issues of green bonds (KZT 20 billion) and social bonds (KZT 20 billion) on KASE and AIX.

The Bank's accumulated portfolio reached US $11.3 billion.

The EDB won the international Environmental Finance's 2021 IMPACT Award in the Energy category.

2022

EDB's projects and bond placements received a number of awards, including Best Primary Deal in the International Financial Organization category at the Cbonds Awards 2022, and the ADFIAP Sustainable Development Award.

2023

The EDB hosted the annual ADFIAP meeting in Almaty, Kazakhstan, bringing together participants from 40 countries.

The EDB conducted a series of studies on water in Central Asia and brought global attention to this topic at the World Hydropower Congress and the UN Water Conference.

2024

Two EDB projects and an analytical study became category winners at the ADFIAP Sustainable Development Awards and Sustainable Investment Awards 2024.

First Annual Meeting and Business Forum of the EDB

2025

The Republic of Uzbekistan joined the EDB

EDB's representative office opened in Abu Dhabi

The EDB received three international ADFIAP Sustainable Development Awards, including the ADFIAP CEO of the Year award.

2026

The Bank's 20th anniversary. Accumulated portfolio by the end of 2025: US $19.6 billion (326 projects)

Achievements

Leader in non-sovereign financing

The EDB is the leader in non-sovereign financing in the Eurasian region. Over the past four years, the volume of EDB's investments has reached US $8.8 billion.

8,8 billion US $
63% of all IDB investments in Eurasia
Leader in non-sovereign financing

Project Activities

Over 20 years, the EDB has implemented the region's largest infrastructure projects facilitating economic integration and developing the productive potential of its member countries.

326 projects
19,6 US $ of EDB's investments
Project Activities

Analytics

Since its inception, the EDB has been conducting systematic research and analytical work. The EDB operates a number of analytical centres: the Centre for Integration Studies, the Centre for Country Analysis, the Centre for Sector Analysis, and the Centre for Analysis of International Finance.

Since 2012
the annual Monitoring for Mutual Investments (MMI)

The Macroeconomic Forecast for member countries has been published annually, and the Macroeconomic Review has been presented twice a year

Analytics

EDB Funds

Operating through its two funds (the Technical Assistance Fund (TAF) established in 2008 and the Fund for Digital Initiatives (FDI) established in 2020), the Eurasian Development Bank provides systemic support for the investment environment and digital transformation in its member countries.

Over US $40 million
was allocated by the Funds towards the digitalization of state platform components, the development of AI infrastructure, the implementation of digital water metering technologies, and the modernization of exchanges in Armenia and Kyrgyzstan.
EDB Funds

Public-private partnership

The Eurasian Development Bank acts not only as a lender but also as a partner in PPP development.

The EDB's accumulated portfolio of PPP projects:
US $1,4 billion
Comprehensive PPP Capacity Development Programme:
US $700 000

Unique expertise: Cross-border PPPs, PPPs for achieving the SDGs and transitioning to a green energy system, Country-specific PPP profiles

Public-private partnership

ESG

The EDB is one of the key partners in the sphere of energy transition in the region. The implementation of green projects has increased the installed capacity of clean energy generation to 1.2 GW and supported the attainment of national sustainable development priorities in the Bank's member countries. The Bank's activities also make significant contribution to achieving the UN Sustainable Development Goals, including:

US $2 billion
The Bank's accumulated green portfolio
45,000
new jobs were created through Bank-financed projects in various sectors of the economy
ESG and sustainable development
Flagship projects
The Big Almaty Ring Road (BAKAD)

The Big Almaty Ring Road (BAKAD)

The largest public-private partnership transaction in Central Asia. The BAKAD is a 66-kilometer highway around Almaty, which serves as a link in the ""Western Europe - Western China"" trans-Eurasian transport corridor. The project contributed to Kazakhstan's sustainable economic growth by means of transport infrastructure improvement and development. Over 1,500 new jobs were created in the course of the project implementation.

EDB
investment volume:
US $135 mil.
Kazakhstan
Kazakhstan
Kant Cement Plant

Kant Cement Plant

One of the largest manufacturing plants in the Kyrgyz Republic. As part of the project, the plant is being equipped with a modern, high-tech clinker dry pyroprocessing line with a capacity of 2,500 tons per day.

EDB
investment volume:
US $61,2 mil.
Kyrgyzstan
Kyrgyzstan
Modernization of Almaty International Airport

Modernization of Almaty International Airport

Modernization of Almaty International Airport contributes to the development of international transport and logistics infrastructure in the Republic of Kazakhstan. The project has created over 1,000 new jobs and doubled the airport's capacity to 14 million passengers per year (1,600 passengers per hour). The project demonstrates the benefits of partnerships among international development banks – the lending syndicate includes the Eurasian Development Bank (EDB), the European Bank for Reconstruction and Development (EBRD), the International Finance Corporation, and the German investment corporation DEG.

EDB
investment volume:
US $38,9 mil.
Kazakhstan
Kazakhstan
Dairy and meat production

Dairy and meat production

The project, implemented jointly with the Yeremyan Projects Group of Companies, is aimed at developing the agricultural and industrial complex of the Republic of Armenia. It will bring significant economic and social results, including the development of rural areas, creation of 300 new jobs, increase in the GDP, and provision of the population with essential food products. The project includes the construction of a dairy farm for 1,500 head of cattle.

EDB
investment volume:
US $36 mil.
Armenia
Armenia
Navoi Mining and Smelting Works (NMSW)
Image source: ngmk.uz

Navoi Mining and Smelting Works (NMSW)

NMSW is one of the largest industrial enterprises in the region. Its primary activity is gold mining and production. NMSW's investment programme was aimed at increasing production capacity, improving production efficiency, and developing promising deposits. One of the priority goals was the improvement of environmental and safety indicators.

EDB
investment volume:
US $400 mil.
Uzbekistan
Uzbekistan
Support for microentrepreneurs

Support for microentrepreneurs

The project aims to facilitate the access of microenterprises to financing in key economic sectors of the Republic of Tajikistan - manufacturing, agriculture, services, and trade. Providing support for microentrepreneurs with the help of Arvand Bank CJSC contributes to job creation, increases income, and strengthens the economic resilience of the country's regions.

EDB
investment volume:
US $5 mil.
Tajikistan
Tajikistan
Kulanak HPP

Kulanak HPP

Construction of the Kulanak 100 MW Hydroelectric Power Plant with an average annual electricity generation of 435 million kWh. The new HPP will provide the country with additional electricity capacity and expand the area of ​​irrigated agricultural land from 4,650 to 6,769 hectares. The Project will create 770 new jobs during the construction period, and 65 jobs during the operation of the Kulanak HPP.

EDB
investment volume:
US $44 mil.
Kyrgyzstan
Kyrgyzstan
Construction of a polyethylene production plant
Image source: screenshot from Silleno LLP video

Construction of a polyethylene production plant

The country's first integrated Silleno plant for the production of high-density polyethylene, with a design capacity of 1,250,000 tons annually. This project includes the construction of a technologically complex chemical facility comprising a steam cracker, an ethylene dimerization unit, a polyethylene production unit, and related infrastructure.

EDB
investment volume:
US $450 mil.
Kazakhstan
Kazakhstan
Belagroterminal
Image source: sodrugestvo.by

Belagroterminal

Oilseed processing plant expansion project. The construction of the MEP-2 oil extraction plant and the expansion of the production and logistics complex in Smorgon will increase the processing capacity of the oilseed processing plant by 3,000 tons per day.

EDB
investment volume:
Up to $200M
Belarus
Belarus
Volga Peroxide
Image source: himprom.com

Volga Peroxide

Construction of the region's largest private hydrogen peroxide manufacturing facility using the anthraquinone process with an annual capacity of 50,000 tonnes. The facility covers over 70% of the market demand.

EDB
investment volume:
US $100 mil.
Russia
Russia
International Airport in the city of Turkestan

International Airport in the city of Turkestan

Turkestan Airport was designed in accordance with international and IATA standards, meeting all safety requirements. The project supports the development of Kazakhstan's integrated transport system, as well as the development of tourism in Kazakhstan.

EDB
investment volume:
US $132 mil.
Kazakhstan
Kazakhstan
Small Business Support programme financing
Image source: asiaplus.news

Small Business Support programme financing

Funds for private business development in manufacturing, agriculture, trade, and services were provided to borrowers through financing from ZAO MDO ""IMON INTERNATIONAL.""

EDB
investment volume:
US $2,6 mil.
Tajikistan
Tajikistan
20 years in figures
326 EDB investment projects implemented since 2006
US $19.6billion EDB’s cumulative ecnomy-focused investment portfolio
US $65billion Total amount of investment projects involving the EDB
7 member countries
10 representative offices worldwide
People representing the EDB

Our experts from different countries are united by a common mission - to promote economic development

Dinara Shynybekova

Dinara Shynybekova

To me, the Bank is about professionals, progress, and development. Every day brings new knowledge and new challenges, and grants an opportunity to become better whilst working in an environment where initiative and ambition towards development are valued.

Armen Melkikyan

Armen Melkikyan

To me, the EDB isn't just a job – it is an opportunity to make effective contribution to the development and prosperity of our countries. It is about implementing projects that bring tangible changes to people's lives, introduce new opportunities, and have long-term impact.

Azamat Tyuleubay

Azamat Tyuleubay

To me, the EDB is a big international family that brings together different cultures, experiences, and ambitions. Together, we implement projects that improve the lives of people in our countries and bring tangible change to their economies.

Olga Gorpinenko

Olga Gorpinenko

To me, the Bank is more than just a job. It is a place that has gradually turned into something close to home: I go there with joy, I put my heart and soul into my work, I feel the support of my teammates, and see the value and importance of the common cause. I am proud to be part of this large and close-knit team.

Madi Aldanazarov

Madi Aldanazarov

To me, the EDB is about support that translates into action. Here, ideas turn into projects, projects become drivers of growth, and development changes people's lives for the better.

Rustem Zhursinbek

Rustem Zhursinbek

The EDB is a place where I spend a significant part of my life, therefore I find it important that here I can communicate with professionals, experts and simply good people whose company is truly enjoyable. This environment motivates me to develop, and my work at the Bank provides ample opportunities for self-fulfillment. The fact that the projects I supervise target entire regions and have visible effect makes me value my work here even more.

Vera Barkatina

Vera Barkatina

To me, the Bank is an opportunity to drive change where it truly matters – in countries, industries, or systems.

Anton Malakhov

Anton Malakhov

To me, the EDB is a synthesis of creativity and utter responsibility. Dealing with data analysis, we create unique intellectual products and infuse them with ideas that stand the test of time.

Vera Kulakova

Vera Kulakova

To me, the EDB means my highly professional colleagues whom I want to learn from.

Congratulations from partners
Congratulations
Orgsintez Group
Alexey Erkin, Director for Economics and Finance

To us as a real economy sector, the EDB's power is not in the funds, but in their nature. Building a complex chemical facility...

Congratulations
Prilesie-Logistics
Yulia Belkina, Financial Director

We see the EDB's strength as a financial partner primarily in its high industry expertise and strategic approach to financing...

Congratulations
"Hevel" Group of Companies
Iliyas Kalibekov, Director

A leader in solar energy in the Republic of Kazakhstan, our company finds this long-term partnership with the EDB very important...

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