Eurasian Development Bank will invest $1.5 billion in Belarus' economy

The Eurasian Development Bank is ready to invest about $1.5 billion in the Belarusian economy during the next 5 years. The bank is one of the largest investors in the Eurasian region, Minsk-News writes. Recently we have wrote that the Eurasian Bank would invest in the production of Belarusian biofuels.

The Bank is ready to invest in the development of energy independence and food security of Belarus. Also among the priority areas is the development of logistics infrastructure, which will help reduce costs and saturate the Eurasian market with its own products. The amount of investments may increase if there are more high-quality projects.

Belarus, together with Russia and Kazakhstan, also plan to increase the volume of rail container traffic to China.

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