EDB to increase investment portfolio for joint projects of Russia, Kazakhstan, Belarus, Armenia, Kyrgyzstan and Tajikistan
ArmInfo. By 2017, the Eurasian Development Bank will increase its investment portfolio to $3.3 bln. Almost half of the portfolio will fall on the joint integration projects of Russia, Kazakhstan, Belarus, Armenia, Kyrgyzstan and Tajikistan, which are the members of the Bank, RG.RU reports.
This is envisaged by the Bank’s updated strategy approved at the meeting of the Bank’s Council in Astana. The Bank intends to focus on supporting projects in energy, machine building, chemical, mining and oil and gas industry, as well as infrastructures. The current portfolio is $2.2 bln invested in 62 projects in the 6 member states.