Kazakhstan To Host EDB's Business Forum And Annual Meeting


(MENAFN- Trend News Agency) ASTANA, Kazakhstan, April 24. The EurasianDevelopment Bank (EDB) will hold a business forum and annualmeeting on June 27–28 in Kazakhstan's Almaty city, Trend reports, citing the EDB.

The event will encompass various formats aimed at fosteringpartnerships and the exchange of analytical insights andexperiences in addressing key challenges for the region, includingwater and energy balance, the development of transport andlogistics routes, financial markets, and other topics.

"We continue to forge platforms for international dialogue aimedat promoting potential partnerships and attracting new investmentsin the Eurasian region and Central Asian countries. I am confidentthat this event is an opportunity to combine the efforts ofnational and international development institutions, exchangeexperiences in project implementation, establish new connections,and expand cooperation in sustainable financing," said NikolaiPodguzov, Chairman of the EDB Management Board.

In 2023, the EDB successfully organized the Annual Meeting ofthe Association of Development Financing Institutions in Asia andthe Pacific (ADFIAP), which brought together over 230 participantsfrom 40 countries.

Furthermore, in total, over the 18 years of existence of theEDB, 104 projects were implemented in Kazakhstan for a total of$5.6 billion.

Last year, investments in Kazakhstan exceeded $1 billion. In2023, among others, projects were launched in transport, energy,and the chemical industry.

Kazakhstan ranks first in terms of the investment volumes of theEurasian Development Bank.

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Trend News Agency

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