We have financed key infrastructure and climate action projects, directly benefitting citizens’ daily lives and enhancing connectivity with neighbouring countries while boosting trade and growth, in Belarus.
EIB priorities in Belarus include transport, municipal infrastructure, climate action and energy efficiency. A EUR 110 million loan for the Belarus Transport Connectivity project is helping to improve trade and mobility between Belarus and the EU by upgrading the M7 highway, part of the extended Trans-European Transport network, and creating safer driving conditions.
In 2019, the EIB also provided EUR 90 million for a project consisting of investment in biomass-based heat generators, district heating grid modernisation and thermal renovation of multi-apartment buildings.
Our support also goes to the private sector and small and medium-sized enterprises (SMEs), which is provided through local banks. Since the start of its activities in Belarus, the EIB has committed EUR 105 million to support SMEs and midcaps via two financial intermediaries and continues to strengthen that support.
At a glance
The EIB provides finance and expertise for sound and sustainable investment projects in Belarus.