Central Asia needs $170 bln in energy investment by 2030 - EDB

ASTANA. June 26 (Interfax) - Central Asia faces hefty investment needs through 2030, including $170 billion for the energy sector alone, Eurasian Development Bank (EDB) Deputy Chairman Ruslan Dalenov said.

"The message from our analysts is straightforward: by 2030, Central Asia will require massive investment: $170 billion in energy, $60 billion in transport infrastructure, $14 billion in water, and $7 billion in logistics," Dalenov told an investment session at the EDB business forum in Almaty on Friday.

The figures draw on detailed work by the bank's analytical team, he said.

"These aren't just financing needs, they're investment opportunities. When we look past the current pipeline, we can already see the next wave of investment coming: energy storage, artificial intelligence, space technology, climate adaptation, all of this will drive economic development," Dalenov said.

Central Asia today is not merely a resource-rich region, he added, but one defined by innovation, industrial capacity and long-term investment.

"We're seeing rising demand for big, integrated projects. That takes deep partnerships. So we're inviting international financial institutions, investment banks and commercial players to come in with us. By pooling capital and working alongside our shareholders and member states, we can channel more money into the region," Dalenov said.