Eurasian Development Bank Plans to Invest Approximately $100 Million Annually in Armenia

The Eurasian Development Bank plans to invest approximately $100 million annually in Armenia, as reported by Sputnik Armenia.

“This is quite a significant figure,” said Denis Ilyin, Deputy Chairman of the Bank's Board. Next year, the planned investment volume will exceed $180 million, which was originally intended for a five-year period.

“The main goal of the bank is to demonstrate its readiness to invest in projects that are crucial for the government of Armenia, the market, and its clients,” Ilyin noted.