23.07.2012
EDB investments in participating states up nearly $500m in 2012
MINSK, 23 July (BelTA) - Since the beginning of the year, the investment portfolio of the Eurasian Development Bank (EDB) increased by more than 16% to reach $3.28 billion by the end of June. The Bank's total investment in the economy of the participating states (since 2006) has exceeded $3.910 billion, an increase of $491 million, BelTA learnt from the EDB press center.
In 2012, the investment portfolio was extended with 11 new projects. On 30 June, it included 60 investment projects in five participating states.
The breakdown of the investment portfolio by industry is as follows: power engineering and energy infrastructure accounts for 21.24%, transport and transport infrastructure 33.92%, chemistry 8.27%, agribusiness 6.88%, manufacturing 5.15%, metallurgy 4.56%, mining 1.5%, municipal infrastructure for 1.34%.
The share of the financial sector (including the Bank's investments in the Direct Investment Fund) accounts for 17% of the EDB current investment portfolio.
The Eurasian Development Bank is an international financial institution established by Russia and Kazakhstan in January 2006, with a view to promoting the market economy, sustainable economic growth and mutual trade and economic relations. The EDB authorized capital exceeds $1.5 billion. The EDB participating states include Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia and Tajikistan.
In 2012, the investment portfolio was extended with 11 new projects. On 30 June, it included 60 investment projects in five participating states.
The breakdown of the investment portfolio by industry is as follows: power engineering and energy infrastructure accounts for 21.24%, transport and transport infrastructure 33.92%, chemistry 8.27%, agribusiness 6.88%, manufacturing 5.15%, metallurgy 4.56%, mining 1.5%, municipal infrastructure for 1.34%.
The share of the financial sector (including the Bank's investments in the Direct Investment Fund) accounts for 17% of the EDB current investment portfolio.
The Eurasian Development Bank is an international financial institution established by Russia and Kazakhstan in January 2006, with a view to promoting the market economy, sustainable economic growth and mutual trade and economic relations. The EDB authorized capital exceeds $1.5 billion. The EDB participating states include Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia and Tajikistan.