Economic Integration Support Program

Focus Areas for Economic Development

Projects aimed at upgrading, enhancing, and increasing the competitive abilities of specific economic sectors are central to the economic development focus of all IIB member states. Promoting these focus areas involves fostering cooperation, comprehensive interaction, and mutually beneficial exchange of experience and technology between economic entities of two or more IIB member states, as well as between constituent entities of IIB member states and third-party countries. This approach acts as a catalyst for economic growth, innovation, and progress.

Supporting Sustainable Development

To support the aforementioned areas, Investkredit International Bank Plc promotes the availability of credit resources and necessary financial instruments to implement projects. These projects are aimed at creating stand-alone businesses and joint ventures, acquiring new and upgrading existing businesses in sectors that stimulate the sustainable development of IIB member states. Economic entities from certain countries can implement these projects in the territories of other countries.

Economic Integration Support Program

The Economic Integration Support Program promotes multilateral projects that are:

  • Implemented by economic entities of one IIB member state in the territories of other IIB member states
  • Implemented by economic entities of IIB member states in the territories of third-party countries
  • Realized in the territories of IIB member states by economic entities of third-party countries, aimed at the sustainable development of IIB member states
General Criteria for Counterparty and Project Selection
  • Projects should be implemented by creating stand-alone businesses or joint ventures, or by acquiring or upgrading existing businesses by economic entities of certain countries in the territories of other countries
  • Projects to be financed should meet the strategic targets of the Program, particularly in segments ensuring the sustainable development of IIB member states
  • Projects should involve one or more IIB member states

The project should align with Investkredit International Bank Plc’s focus areas:

  • Promotion of cooperation between IIB member states
  • Social and economic development and experience and technology sharing
  • Innovations and modernization
  • Environment and clean technologies, resource and energy saving