Svetlana Maslova, Director of PPP Projects in the Project Activity Support Department of the EDB, emphasized: "The project will utilize technologies that will enable the involvement of secondary material resources in the economic turnover, creating additional sources of income for the private partner. Unlike old linear economy models, where waste is merely considered as objects for disposal, in a circular economy, they become valuable assets."
It is expected that the implementation of such innovative projects will help reduce the amount of waste sent to landfills and increase the share of secondary materials in Kyrgyzstan's industry, thereby improving the country's raw material base.
Svetlana Maslova also noted that the development of the feasibility study is part of the extensive Technical Assistance Program of the EDB aimed at "Developing Sustainable Waste Management and Secondary Material Resources in Kyrgyzstan: Infrastructure and Transition to a Circular Economy." Within this program, an initiative for the development of the secondary materials market will also be prepared.
Additionally, during the conference, a trilateral agreement was signed between the EDB, the Russian-Kyrgyz Development Fund, and the Ministry of Natural Resources, Ecology, and Technical Supervision of the KR regarding the development of the Secondary Material Resources Market Development Program.
Reference:
The Eurasian Development Bank (EDB) is a multilateral bank engaged in investment activities in the Eurasian space. For over 19 years, the EDB has been contributing to strengthening economic ties and comprehensive development among the member countries. As of July 2025, the EDB's portfolio includes 319 projects with total investments of $19.1 billion. The majority of projects in the portfolio are related to integration in the fields of transport infrastructure, digital technologies, green energy, agriculture, and machine engineering. The bank is guided by the UN Sustainable Development Goals and ESG principles in its activities.
As part of the 2022–2026 Strategy, the EDB is implementing three megaprojects: "Water-Energy Complex of Central Asia," "Eurasian Transport Framework," and "Eurasian Commodity Distribution Network."
