The Eurasian Development Bank (EDB) is contributing $100 million to a $670 million financing package for the expansion of Almaty International Airport in Kazakhstan. Bank of America arranged the financing to support substantial improvements to the airport, the largest aviation hub in Central Asia. The funds will be allocated to modernizing the domestic terminal and upgrading airside infrastructure, including facilities for aircraft. This investment aims to enhance the airport's capacity and efficiency to meet growing travel demands. The project signifies continued investment in Kazakhstan’s transportation infrastructure. The Astana Times reported on the development, highlighting its importance for the region's connectivity. This expansion is expected to boost Almaty’s position as a key transit point in Central Asia.