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Operations

Central Asia and Central/Eastern Europe

Central Asia and Central/Eastern Europe are In recent years, EBRD has been actively assisting member
characterized by cultural and social diversity and complexity. states in their transition to green economy. The TaiwanICDF
In general, many countries in this region are going through has therefore deepened collaboration on this area through
political transition, but the governments are lacking encouraging the use of innovative green technologies from
systemized administration, which can result in unevenly residential units to industries and municipal governments.
distributed economic activities. In the process of transition, Currently, the TaiwanICDF and EBRD have cooperative
the local municipals are also in dire need for assistance to projects in Moldova, Azerbaijan and Turkmenistan.
improve the efficiency of urban and resource management.
As such, the TaiwanICDF’s main focus for development
in this region is on financial intermediaries, enterprise
innovation and environmental sustainability. Our strategies
include promoting clean energy and technologies, energy
infrastructure and the use of clean energy technology, as
well as encouraging the development and growth of micro,
small and medium-sized enterprises (MSMEs), facilitating
their access to financial services and developing high-quality,
reliable and sustainable infrastructures.
Our projects in Central Asia and Central/Eastern Europe
are implemented mainly through the European Bank for
Reconstruction and Development (EBRD) as a platform
for cooperation. Since EBRD promotes the development
of market economies through direct support to the private
sector, the TaiwanICDF and EBRD jointly established special
funds to offer loans for specific development issues and
thus improve the effectiveness of project implementation.
Areas of cooperation under these special funds include SME Turkmenistan, a country located in Central Asia, has an economy largely
composed of small to medium-sized farms and companies. However, its
relending, development of green infrastructure and lending to limited national financing institutions are unable to acquire enough capital,
agribusinesses. resulting in technical and development scale bottlenecks.

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