Published
02/19/2025, 14:38Greenfield projects continue to dominate foreign investment in Eurasia, reaching $57bn by the end of the first half of 2024. This is according to a new study by the Eurasian Development Bank (EDB).
According to the study, China, Turkey and the UAE remain the largest exporters of capital to Eurasia, investing $90.4bn, up 6.4% from 2023. China leads with $58.6bn of investment, followed by Turkey and the UAE with almost equal shares. Central Asia continues to attract more investment, increasing its share by 5% in a year and a half to $46.2bn.
There has been an increase in investments in industry and energy, which are displacing the commodities sector. Investment in the power sector grew 2.1 times to $4.1bn, while investment in manufacturing rose 8% to $11.8bn. The UAE remains the leading investor among Gulf countries, increasing investment in Eurasia 1.7 times, mainly in Turkmenistan and Uzbekistan.
The full report is available on the EDB website. The Eurasian Development Bank, with a charter capital of $7bn, has been supporting the economic integration of the region's countries for 18 years, focusing on the principles of sustainable development and ESG.
