Who Is Financing Eurasia’s New Transport Map?
Eurasia's transport infrastructure financing is evolving, with Russia, Central Asia, and China playing key roles in a growing integrated network.
The Eurasian Development Bank's latest report reveals a shift in the financing and development of transport infrastructure across Eurasia. Russia remains the dominant investor, contributing approximately $219 billion to transport projects, primarily focusing on modernizing its extensive railway network and redirecting trade flows eastward. Central Asia has emerged as a significant player with over $72 billion invested in 114 projects, nearly half of which are in Kazakhstan. China’s involvement has also increased, with projects exceeding $12 billion, many linked to the Belt and Road Initiative. Financing structures are evolving, with international development banks and private investors playing larger roles alongside national governments. This growing collaboration reflects a transition from isolated infrastructure projects to an integrated Eurasian transport framework that connects East-West and North-South corridors, aiming to enhance regional trade, tourism, and mobility. Experts emphasize that future competitiveness will depend on coordination across various transport modes and systems rather than just new construction.