Translated with AI
On May 20 in Dushanbe, the Eurasian Development Bank (EDB) and the Ministry of Finance of Tajikistan signed an agreement to finance the construction of the first section of the Labijar-Qalai Khumb highway, according to the EDB press service.
The document was signed by Vladimir Yakunin, Director of the Eurasian Development Bank for Tajikistan, and Faiziddin Kahhorzoda, the country's Minister of Finance.
According to the agreement, the EDB will provide Tajikistan with concessional financing totaling $18.5 million. Of this amount, $17 million will be a loan, and another $1.5 million will be allocated as a targeted grant.
The funding will be used for the construction and reconstruction of a 10-kilometer section of road, as well as for the construction of three bridges.
As Vladimir Yakunin noted, the project will be part of a larger effort to modernize Tajikistan's transport infrastructure and will contribute to the country's socioeconomic development, expand interregional ties, and increase population mobility.
According to the Eurasian Development Bank (EDB), as of the end of December 2025, the bank's accumulated portfolio included 326 projects with a total investment volume of $19.6 billion.
The bank's portfolio primarily consists of projects in transport infrastructure, digital systems, green energy, agriculture, manufacturing, and mechanical engineering. The bank's operations are guided by the UN Sustainable Development Goals and ESG (Environmental, Social, and Governance) principles.
