EDB: mutual investments in the Eurasian region reach us$ 46 bln

Russia is the most important exporter of direct investments in the former Soviet Union, while Kazakhstan and Uzbekistan are the largest beneficiaries of direct investments from other countries in the region. Private investors account for 55 percent of the accumulated mutual investments in the EAEU. Investments in science-intensive industries and greenfield projects demonstrate high growth rates in the EAEU. This is indicative of the intensification of technology transfer activities and modernization of the economies in the EAEU countries. Such conclusions are expressed by the analysts of the Eurasian Development Bank. "In the years ahead, the sectoral structure of mutual FDIs will eventually evolve to become more diversified and cover retail, financial services, automotive industries, production of machinery and electrical equipment," said Evgeny Vinokurov, Chief Economist at the EDB and the EFSD. With the increasing relevance of the global climate change agenda, mutual FDIs in green economy projects will multiply. Over the past 2 years, the volume of mutual FDIs in such projects has grown by 56 percent. Kazakhstan will strengthen its leadership in attracting direct investments in renewable energy sources. Meanwhile, Uzbekistan will become one of the largest beneficiaries of FDIs coming not only from Russia, but also from other EAEU member countries."

Источник: Evening Bishkek (newspaper, KR)