YEREVAN, May 26. /ARKA/. "A key to the success of major infrastructure projects is cooperation between public and private capital with efficient risk distribution among investors. International financial institutions (IFIs) that have necessary practical experience and long money are important players in arranging syndicates in the market of public-private partnerships (PPP)," said Dmitry Pankin, Chairman of the Management Board at Eurasian Development Bank (EDB) at the fourth Global Infrastructure Initiative (GII) Summit in Singapore.

He also pointed out that the EDB countries, except for Armenia, have already devised legal frameworks for this type of projects. Armenia has examples of successful concession agreements within its general regulatory framework. Dmitry Pankin also said that Kazakhstan does not have many PPP projects despite its rather sophisticated legislation. This suggests that an elaborate regulatory framework is not the only and sufficient condition for raising private capital's share in joint investment projects with the state.

"What is of significantly greater importance to PPP advancement is the evolution of the risk allocation mechanism that should be concordant to market developments," Dmitry Pankin added. "We believe that EDB, as an international financial institution that forecasts medium- and long-term needs of its growing economies, can help to bring together projects and investors by assisting multilateral development mechanisms. At the same time, we'll be able to ensure an acceptable distribution of project risks among participants, especially, in big projects that require considerable investments."

Categories: Banks @en, General news, News, News of the hour, Новости | Comments Off on Dmitry Pankin: IFIS are important players in PPP syndicates

Tags: Armenia, Dmitry Pankin, EDB, GII, IFIS, PPP

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Armenia’s investment cooperation with its Eurasian Economic Union fellow member countries comes exactly to inflow of Russian capital, Sergey Ignatov, head of the Eurasian Development Bank’s office in Yerevan, said Monday at the National Assembly

Categories: Economy @en, General news, News, News of the hour | Comments Off on Eurasian Development Bank: 72% of total direct foreign investments in Armenia come from Russia

Tags: Armenia, EDB, INVESTMENTS, Russia

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Eurasian Development Bank (EDB), as the Resources Manager of the Eurasian Fund for Stabilization and Development (EFSD), announced the results of the collection of applications for the first competition for EFSD grants for social projects in Armenia, the Kyrgyz Republic and Tajikistan

Categories: Banks @en, General news, News, News of the hour | Comments Off on Armenia submits seven applications for us $9.3 million to Eurasian Fund for Stabilization and Development

Tags: Armenia, EDB

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The current package of the Eurasian Development Bank’s investments in Armenia made in accordance with three projects of lending for small and mid-scale businesses and mining industry amounted to $30 million in 2015

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Tags: Armenia, EDB

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The Eurasian Development Bank, which runs the Eurasian Stabilization and Development Fund’s financial resources, has announced the first tender to distribute grants among the fund participant countries for implementing social projects, the press office of the bank reports

Categories: Economy @en, General news, News | Comments Off on Eurasian Development Bank to distribute $10 million among Armenia, Kyrgyzstan and Tajikistan in grants

Tags: Armenia, EDB, grant

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Kazakh prime minister Karim Massimov, who is also the plenipotentiary representative of the Republic of Kazakhstan to the Eurasian Development Bank (EDB) Council

Categories: Banks @en, General news, News, News of the hour | Comments Off on EDB planning to expand current investment portfolio to US$3.3 billion by end-2017

Tags: EDB, investment, planning

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The Eurasian Development Bank and the Asian Development Bank will finance a number of projects of $3 billion total cost in Armenia

Categories: Banks @en, General news, News, News of the hour | Comments Off on EDB, ADB to finance projects of $3 billion total cost in Armenia, Kyrgyzstan, Kazakhstan and Tajikistan

Tags: ADB, Armenia, EDB, financing

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Eurasian Development Bank’s (EDB) delegation headed by Chairman of the Management Board Dmitry Pankin paid an official visit to the Asian Development Bank (ADB)

Categories: Economy @en, General news, News, News of the hour | Comments Off on EDB and ADB to invest us $3 billion in projects in Armenia, Kazakhstan, Kyrgyzstan and Tajikistan

Tags: ADB, Armenia, EDB, investment

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Last week a delegation of Eurasian Development Bank (EDB) headed by Chairman of the Management Board Dmitry Pankin had negotiations with the Eurasian Bank for Reconstruction and Development (EBRD) on expanding cooperation between the two institutions in project activities

Categories: Banks @en, General news, News | Comments Off on EDB and EBRD sign a memorandum of understanding

Tags: EBRD, EDB, memorandum, understanding

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At an extraordinary meeting on Friday the parliament ratified a $300 million loan agreement Armenia signed with the Eurasian Fund for Stabilization and Development of the Eurasian Development Bank on November 4, 2015

Categories: Banks @en, General news, News, News of the hour | Comments Off on Parliament ratifies two loan agreements

Tags: budget, EDB, LOAN, PARLIAMENT

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