Eurasian Development Bank selects projects for financing in Uzbekistan
The Eurasian Development Bank (EDB) has identified three priority projects in Uzbekistan for potential financing in 2026, Deputy Chairman of the EDB Management Board Yaroslav Mandron said at a press conference in Almaty summarising the bank’s 2025 results.
According to Mandron, one of the key projects is the Almalyk plant, with planned investments ranging from $100 mln to $150 mln. The initiative also предусматривает the construction of a polymer production complex. Discussions with the client have already taken place, and the bank is awaiting final documentation from the Uzbek government to obtain a full financing mandate.
The EDB is also considering investments in airport infrastructure, including the construction of a new airport in Bukhara.
Earlier, President Shavkat Mirziyoyev signed a law ratifying Uzbekistan’s accession to the Agreement Establishing the Eurasian Development Bank. Uzbekistan became the EDB’s seventh member and its third-largest shareholder, holding a 10% stake.
The EDB is a multilateral development institution focused on supporting economic growth, strengthening trade and economic ties, and promoting regional integration across its member states.
Kursiv Uzbekistan also reports that Uzbekistan ranked seventh globally for tourism growth in January–September 2025, according to the World Tourism Barometer, the country’s Tourism Committee reports. The number of foreign visitors was 73% higher than in 2019.
