News

$110 million grant from ADB to construct Obigarm-Nurobod road in Tajikistan

The Asian Development Bank (ADB) has approved a $110 million grant to Tajikistan to construct 30 kilometers (km) of a highway and 30 km of secondary roads between the towns of Obigarm and Nurobod in the northeast of the country.

ADB approves $300 million to reform Pakistan’s energy sector

The Asian Development Bank (ADB) approved a $300 million policy-based loan that will help the Government of Pakistan to address financial sustainability, governance, and energy infrastructure policy constraints in Pakistan’s energy sector.

Masatsugu Asakawa elected ADB President

Masatsugu Asakawa has been unanimously elected President of the Asian Development Bank (ADB) by its Board of Governors.

ADB grant to support tourism development in Tajikistan

The Asian Development Bank (ADB) has approved a $10 million grant to help Tajikistan develop tourism in the country. The project is ADB’s first tourism sector operation in Tajikistan.

ADB to help construct, improve part of Georgia’s East–West Highway

The Asian Development Bank (ADB) has approved a $278 million loan (in euro equivalent) to construct and rehabilitate about 30 kilometers of main and secondary roads between the towns of Shorapani and Argveta on Georgia’s East–West Highway, one of the country’s main trade and transport networks.

New regional transport strategy to drive sustainable development for CAREC region

Ministers from the 11 members of the CAREC Program have endorsed a new strategy designed to improve multimodal transport infrastructure and operations in the region, resulting in greater social and economic development in the next decade.

New regional energy strategy maps path to secure energy future for CAREC region

Ministers from the 11 members of the CAREC Program have endorsed a new long-term strategy to improve energy security, increase investment, and improve the sustainability of energy systems in the region, setting it on a path toward achieving a secure energy future.

ADB President confirms support for expanded agenda of CAREC at 18th Ministerial Conference

In his remarks, Asian Development Bank (ADB) President Takehiko Nakao emphasized ADB’s support for CAREC member countries and its ongoing commitment to regional cooperation and integration

ADB President visits Uzbekistan to strengthen partnership

Asian Development Bank (ADB) President Takehiko Nakao met with the President of Uzbekistan Shavkat Mirziyoyev and both agreed to further strengthen the almost 25-year partnership between ADB and Uzbekistan.

ADB to help improve rural water supply, sanitation in Kyrgyz Republic

The Asian Development Bank (ADB) has approved a $27.4 million financing package to provide safe and reliable water supply and sanitation services to more than 64,000 people living in a mountainous rural area of the Kyrgyz Republic.