Mutual investments between Asian and Eurasian countries have grown steadily over the past decade, reaching a record $176 bn by mid-2025, according to a report by the Eurasian Development Bank (EDB) cited by TASS.
Chinese investors led the way, contributing $66.1 bn to the Eurasian region’s economies, followed by Gulf states with $23.9 bn and Turkey with $12.3 bn. The bank noted that Chinese capital has a broad reach, with projects in 12 of the 13 countries across the region.
Around 90% of Chinese investment went to Russia, Kazakhstan and Uzbekistan, with smaller but notable activity in Mongolia and Turkmenistan. The EDB highlighted that the largest growth occurred between 2020 and 2022, driven mainly by projects in energy, industry and infrastructure.
By the end of the first half of 2024, Eurasian countries had invested $56.6 bn into Asian economies, with Turkey, India and Vietnam among the main recipients. Russia, Azerbaijan and Kazakhstan accounted for the bulk of these outbound investments.
Kursiv also reports that ADB report highlights water challenges and rural progress in Uzbekistan.
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