(MENAFN- Trend News Agency) DUSHANBE, Tajikistan, August 7. The Eurasian
Development Bank (EDB) will increase its investment portfolio in
Tajikistan up to 3 percent of the total investment portfolio of the
bank by this year-end, Denis Ilin, Vice Chairman of the EDB
Management Board, said, trend reports.
The announcement was made during his meeting with Minister of
Economic Development and Trade of Tajikistan, Zavki Zavkizoda, on
July 25, where the sides discussed expanding cooperation between
Tajikistan and the EDB.
At the meeting, the sides also explored opportunities for
attracting preferential funds, identified new priority projects
aligned with the country's development goals, and discussed
prospects for medium-term cooperation.
Earlier it was reported, that the bank plans to provide $650
million in funding for priority projects in Tajikistan between 2023
and 2026,
As of today, the EDB and its structures have implemented 13
investment projects in Tajikistan, with a total value of $266.4
million.
This includes seven grant and concessional projects from the
Eurasian Fund for Stability and Development amounting to $215
million and six projects financed directly by the bank, totaling
$51.4 million. These projects span various sectors of Tajikistan's
economy and have contributed to its development.
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