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EBRD intends to implement 32 projects in Turkmenistan worth 49 million euros

12:1709.08.2022
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EBRD intends to implement 32 projects in Turkmenistan worth 49 million euros

For the first of July 2022 the loan portfolio of projects of the European Bank for Reconstruction and Development (EBRD) in Turkmenistan was estimated at 49 million euros, Trend reports with reference to the EBRD.

The loan project of the European Bank is designed for the implementation of 32 projects in Turkmenistan.

Most of the project portfolio, and this is 96% (47 million euros) is directed to investments in industry, trade and the agricultural sector, and 4% (2 million euros) - to investments in financial institutions.

It is noted that for all the time the bank has invested in Turkmenistan over 343 million euros on 88 projects.

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