The share of electric power in mutual investments between Asian and Eurasian countries has increased tenfold over the past 10 years.
Over the past ten years, the share of this sector has increased almost tenfold. The year 2019 was particularly significant, when the share of electric power in total foreign direct investments (FDI) reached 12%, up from 2.6% in 2016. It is projected that by mid-2025, this figure could rise to 26%.
“The increase in foreign investments in the electric power sector is linked to two key factors: the growth of domestic demand for electricity and the onset of the energy transition, which includes projects based on renewable energy sources,” the authors of the report comment.
The authors point out that these factors create a strong investment foundation and contribute to the further strengthening of the electric power sector's position within the structure of mutual FDI.
In this study, the countries of Asia include: Afghanistan, Vietnam, India, Iran, Indonesia, China, Turkey, and Gulf states — Bahrain, Qatar, Kuwait, UAE, Oman, Saudi Arabia.
The Eurasian region includes 13 countries: Azerbaijan, Armenia, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Mongolia, Russia, Tajikistan, Turkmenistan, Uzbekistan, and Ukraine.
Central Asia encompasses 5 states: Kazakhstan, Kyrgyzstan, Uzbekistan, Tajikistan, and Turkmenistan.
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