The European Investment Bank (EIB) is considering the signing of a framework agreement with Turkmenistan as a key condition for starting its operations in the country, Olivier Kueny, Head of the EIB’s Regional Representation for Central Asia, told Trend news agency.
According to Kueny, once operations begin, priority will be given to projects in sustainable transport, digital technologies, and initiatives that meet environmental and social standards. This approach aims to support long-term sustainable development through infrastructure investments.
The EIB also participates in the coordination platform of the Trans-Caspian International Transport Corridor, working with international partners to promote cross-border transport and digitalization projects. These initiatives are designed to strengthen regional integration and stimulate economic growth in Central Asia.
Founded in 1958 in Luxembourg, the EIB is the European Union’s main public lending institution. The bank finances projects in infrastructure, environmental protection, energy, and digitalization.
