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Investments from the Persian Gulf to Be Attracted to Central Asia's Economy

Investments from the Gulf to be attracted to Central Asian economies
The Eurasian Development Bank (EDB) is creating a special platform to attract investors from Gulf countries to Central Asian projects, according to the Kursiv Uzbekistan publication.

Through the platform, investments are planned to be attracted to projects in logistics and water resources. Furthermore, according to EDB specialists, Gulf countries may also show significant interest in agriculture and renewable energy sectors.

In addition, Islamic financing is developing in Central Asian nations. Forecasts indicate that by 2033, this market is expected to reach $6.3 billion.

To achieve these goals, the EDB has opened its representative office at the Abu Dhabi Global Market (ADGM) financial center. The new platform will provide Gulf Cooperation Council (GCC) country investors with ready-made investment solutions for Central Asia.

The bank's analytical and practical expertise form the foundation of this process. "We are creating an 'investment highway' between Gulf capital and opportunities in Central Asia.

Our new office in Abu Dhabi further strengthens our role as a connecting bridge between the regions, as we combine regional expertise with precise financial instruments," said EDB Chairman Nikolay Podguzov. Under the platform, a credit fund will be established to support infrastructure projects in Central Asia.

Leveraging ADGM’s regulatory advantages, a safe and convenient investment mechanism will be created for Middle Eastern and international investors in the region.

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News » Economy » Investments from the Persian Gulf to Be Attracted to Central Asia's Economy