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Wednesday, November 20, 2019

Eurasian Development Bank interested in public-private partnerships

Eurasian Development Bank (EDB) aims to build public-private partnerships (PPP) for projects such as residential utilities and roadways, according to an EDB press release.

Dmitry Pankin, chairman of EDB's management board, expressed the interest at a meetup of the fourth Infrastructure Congress Russian PPP Week.

Pankin said that all Eurasian Economic Union (EAEU) countries except for Armenia have created regulations allowing for such projects, according to the release. He also said that Kazakhstan doesn't have many active PPP projects, implying that developing regulations does not necessarily lead to PPP actions with co-investments from the state.

A good example of successful cooperation is the Western High Speed Diameter Road in St. Petersburg, Russia, he said.

The 4th Infrastructure Congress Russian PPP Week took place over four days at the end of March.

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Eurasian Development Bank

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