Features

ADB Signs MOU with AIIB, Azerbaijan, Kazakhstan, and Uzbekistan to Support Feasibility Study for Caspian Green Energy Corridor

BAKU, AZERBAIJAN (5 April 2025) — The Asian Development Bank (ADB), the Asian Infrastructure Investment Bank (AIIB), and the energy ministries of Azerbaijan, Kazakhstan, and Uzbekistan today signed a Memorandum of Understanding (MOU) to support the Feasibility Study for the Caspian Green Energy Corridor Project. The initiative is part of ADB’s regional technical assistance for the project.

Why Regional Trade Matters More Than Ever for Central Asia

In an era of shifting supply chains and rising uncertainty, regional trade offers Central Asia a path to resilience, scale, and growth through deeper integration. Click to read more.

ADB President Visits Uzbekistan to Strengthen Partnership, Celebrate 30 Years of Cooperation

Asian Development Bank (ADB) President Masato Kanda met today with Uzbekistan President Shavkat Mirziyoyev to reaffirm the strength of ADB’s partnership with the Republic of Uzbekistan and to commemorate 30 years of development cooperation.

ADB Approves First Health Sector Project in Turkmenistan

The Asian Development Bank (ADB) has approved a $75 million equivalent loan and a $2 million grant from the Japan Fund for Prosperous and Resilient Asia and the Pacific (JFPR) to increase the quantity and improve the quality of nurses and midwives in Turkmenistan.

Additional ADB Grant to Strengthen Energy Security in Central Asia

The Asian Development Bank (ADB) has approved additional grant financing of $15 million to help Tajikistan scale up an ongoing project to reconnect the country’s power system to the Central Asian Power System (CAPS) through interconnections with neighboring Uzbekistan.

$21 Million ADB Grant to Expand Clean Energy Supply in Tajikistan

The Asian Development Bank (ADB) has approved a $21 million grant as additional financing to expand the supply of renewable energy in Tajikistan by further modernizing the Golovnaya hydropower plant.

Pakistan Highway Promotes Growth and Connectivity

A four-lane road linking Faisalabad to Multan is under construction. One complete, this part of the National Trade Corridor will help connect Pakistan's deep seaports with landlocked Afghanistan and Central Asia.

ADB Loan to Help Improve Land Border Point Management for Enhanced Trade

The Asian Development Bank (ADB) has approved a $250 million loan to boost cross-border trade activity with its neighboring countries by reducing customs processing time for cargo and goods at the three key border points of Charman, Torkham, and Wagha.

ADB Projects to Spur Agriculture, Improve Transport and Trade Sectors in Mongolia

ADB to Support Construction of Road Network in Western Mongolia