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EDB estimates investment needs of Central Asia at $251 billion

Central Asia will require at least $251 billion in investment in energy, transport, and water resources by 2030. Ruslan Dalenov, Deputy Chairman of the Management Board of the Eurasian Development Bank (EDB), announced at the annual meeting of the EDB.

According to him, analysts estimate the region’s needs at $170 billion for energy sector development, $60 billion for transport infrastructure, $14 billion for irrigation and water management facilities, and another $7 billion for logistics.

«These aren’t just financial needs—they are investment opportunities,» Ruslan Dalenov said.

Central Asia, a region comprising Kazakhstan, Uzbekistan, Kyrgyzstan, Tajikistan, and Turkmenistan with a combined population of 83 million and a GDP of $566 billion, is one of the fastest-growing in the world, the EDB representative emphasized.

It was noted that over the past decade, investment in manufacturing has doubled, reaching $113 billion.

The EDB has already accumulated $2.9 billion in syndicated financing with international institutions to support gas pipelines, airports, and road projects worth a total of $7.5 billion.

The bank hopes to attract investment in energy storage, artificial intelligence technologies, robotics, space exploration, and adaptation to climate change.

«Central Asia is not just a region of natural resources. This is a region of innovation, industrialization, and long-term investment,» Ruslan Dalenov concluded.

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