Eurasian Development Bank

The Eurasian Development Bank acts as a senior co-lender in the Bank of America-arranged $670 million club financing for the further development of Almaty International Airport, contributing $100 million. The financing brings together a group of international and local financial institutions, including Merrill Lynch International International, Societe Generale, The Turkic Investment Fund and Kazakhstan banks. As the largest #aviation hub in #CentralAsia and Kazakhstan’s leading airport by passenger and cargo traffic, #Almaty International Airport serves more than 32,000 passengers a day. Passenger traffic reached 12 million in 2025. The financing will support the airport’s capital investment programme, including: • modernisation of the domestic terminal; • airside #infrastructure improvements and aircraft de-icing facilities; • expansion of the cargo terminal; • improved connectivity between the international and domestic terminals; • upgrades to baggage handling, apron operations and parking facilities. This builds on the EDB’s previous support for the airport. In 2021, the EDB, DEG, EBRD and IFC - International Finance Corporation financed its expansion and modernisation, including the construction of the new international terminal, commissioned in 2024. The project increased the airport’s annual design capacity from 3 million to 14 million passengers. The new $670 million financing brings together multilateral development banks, international financial institutions and commercial lenders, demonstrating how different sources of capital can work together to support major infrastructure investment in #Kazakhstan. The financing has a final maturity in 2033.

Eurasian Development Bank

It’s less than one month until the #EDB Annual Meeting and Business Forum 2026 in #Almaty, Kazakhstan. Meet the moderator of the panel session “Investing in CentralAsia: Opportunities and Partnerships” — Paula Naoufal, Senior Reporter at CNN Business Arabic | الاقتصادية CNN. As #Central Asia enters a new stage of economic growth, the region faces increasing demand for long-term #investment to support infrastructure development, the energy transition, logistics, water security, and sustainable economic expansion. The session will explore how international capital, #Islamicfinance, and modern financial instruments can help mobilise investment and support sustainable development across the region. Panellists will examine the role of multilateral development institutions, regulatory frameworks, capital market development, sustainable finance, and practical experience in advancing Islamic finance across Central Asia. Join us on 26 June, 10:00–11:30, for a conversation on the financial and institutional mechanisms needed to support Central Asia’s next phase of growth. The session will also be available online via our website (link in the first comment) and in person in Almaty for registered participants.

On 25–26 June in #Almaty, the EDB Annual Meeting and Business Forum "#Eurasia 2030+: Investment, Growth and New Opportunities" will take place. The programme has been released, featuring over 10 thematic sessions with participants from 15 countries. Key speakers include heads of leading Islamic finance institutions from Saudi Arabia, Malaysia, Bahrain and the UAE, as well as world-renowned AI futurist Tariq Qureishy. The Forum will also bring together government officials from Central Asian countries, top management of major companies such as Jasur Dzhumaev (CEO of Uzum Holding) and Darkhan Imanashev (Chairman of the Management Board of JSC NC KazAvtoZhol), as well as representatives of multilateral development banks and the expert community. Key themes of the Forum: · Global economic trends and their impact on the Eurasian region ·#Investment in sustainable development · Digital technologies and innovation for Eurasia · The future of#Islamicfinance in#CentralAsia · Transport development of landlocked countries · The potential of the Eurasian Transport Framework Full programme and registration are available on the official website of the event https://lnkd.in/dcUCbVSy