Eurasian Development Bank Calls for Strategic Investment from Turkish Companies

Strategic Partnership and the Middle Corridor The Eurasian Development Bank (EDB) has decided to increase its cooperation with Turkish companies and financial institutions in large-scale investment projects carried out in member countries.
Azamat Tuleubay, the bank's Senior Managing Director, drew attention to Turkey's critical position on the Trans-Caspian International Transport Route (Middle Corridor), emphasizing the importance of logistics and infrastructure potential for regional development.
Significant Increase in Investment Volume Tuleubay stated that economic relations between Turkey and the seven EDB member countries have gained momentum.
According to 2025 data, Turkey ranks among the top countries investing in the region, following China and the Gulf states.
Turkey's cumulative investments in the region have reached $18.6 billion, while the investments of Eurasian countries in Turkey have exceeded $44 billion.
These resources are stated to play a critical role in infrastructure modernization, technology transfer, and employment growth.
Featured Projects: BAKAD and Almaty Airport The Big Almaty Ring Road (BAKAD) project, carried out by a consortium including Alsim Alarko and Makyol, stands out as one of Central Asia's largest public-private partnership (PPP) projects.
Additionally, the EDB, along with international organizations such as the IFC and DEG, provides financing for the Almaty International Airport project, operated by TAV Airports, which aims to increase its annual capacity to 14 million passengers.
Future Strategy and Financial Instruments Noting that transport infrastructure is a priority in the bank's medium-term strategy, Tuleubay said they plan to expand cooperation with Turkish financial institutions through tools such as co-financing and syndicated loans.
Established in 2006 and headquartered in Almaty, the EDB continues to support sustainable development projects across a wide geography consisting of Kazakhstan, Russia, Kyrgyzstan, Belarus, Armenia, Tajikistan, and Uzbekistan.