ArmInfo.The Eurasian Development Bank sees two directions for the development of public-private partnership (PPP) for Armenia - the transport corridor and the export of electricity. Evgeny Vinokurov, Chief Economist of the Eurasian Development Bank, said on June 8 in Sochi on the sidelines of the Eurasian Congress-23 at the presentation of the EDB's analytical report on Cross- border Public-Private Partnerships, answering the question about the possible participation of Armenia in cross-border projects.
"The potential for cross-border PPP In Armenia is objectively limited. We understand all this perfectly. And, nevertheless, when we discussed this issue, there are two potential ideas - first one is the North-South transport corridor, and the second one is related to the fact that Armenia is now increasing the production of electricity with the potential to export it to Iran," Vinokurov said. Accordingly, he continued, a cross-border project for the construction of lines for the export of electricity may be developed.
At the same time, the expert stated that the key, of course, is the transport potential.
There is an objective reality here: two countries are needed for cross-border PPP. Accordingly, in the Armenian context, it is necessary to reach agreements with either Iran or Georgia. If there is an agreement between the two countries, this PPP can be developed in Armenia as well," he concluded.
The Eurasian Development Bank (EDB) is an international financial institution investing in Eurasia. For 17 years, the Bank has worked to strengthen and broaden economic ties and foster comprehensive development in its member countries. The EDB's charter capital totals US $7 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.
