EBRD plans to allocate up to €400 million to social projects. Memorandum signed

Сергей Мацера Economy
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The Vice President of the European Bank for Reconstruction and Development (EBRD) Matteo Patrone and the Minister of Finance of Kyrgyzstan Almaz Baketaev signed a memorandum that paves the way for the preparation of a framework agreement. This agreement will focus on supporting key projects in the areas of irrigation, transport, and municipal infrastructure with a total financing volume of up to 400 million euros, according to information from the Ministry of Finance's press service.

This initiative aims to develop sustainable infrastructure across the country and will allow for the optimization of EBRD investments.
EBRD plans to allocate up to 400 million euros to social projects. Memorandum signed

Photo by the press service of the Ministry of Finance of the KR.
In addition, the EBRD has already allocated a second tranche of funding amounting to up to 3.3 million euros, including a grant of 1.6 million euros, for the implementation of a water supply project in Bazar-Korgon. These funds will help modernize the water supply infrastructure and provide over 60,000 residents of the city with access to safe drinking water and improved sanitation conditions. This project has become the seventh sovereign infrastructure project signed by the EBRD in Kyrgyzstan in 2025, increasing its total investment in the country's infrastructure to 100 million euros.
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