News

ADB Vice-President Shixin Chen visits Uzbekistan to build on 24 years of strong development partnership

Asian Development Bank (ADB) Vice-President Shixin Chen has commended the government on its reform agenda and its management of the country’s transformation to a market-based economy during a 4-day visit to Uzbekistan.

ADB loan to improve water supply system in Tashkent province

The Asian Development Bank (ADB) has approved a $105.3 million loan to help rehabilitate and expand the regional water supply system in the Yangiyul and Chinaz districts of Tashkent Province in Uzbekistan, delivering safe potable water to over 220,000 people.

ADB, UNDP renew agreement to accelerate progress toward sustainable development

The Asian Development Bank (ADB) and United Nations Development Programme (UNDP) signed a 5-year memorandum of understanding today to accelerate progress towards sustainable development in Asia and the Pacific.

Infrastructure development key to Afghanistan’s growth — ADB

Focusing on infrastructure development will help bring about long-term growth in Afghanistan and address persistent issues affecting the country’s economic prospects, apart from security, including poor connectivity, poor access to limited energy supply, and low agriculture productivity, says a new Asian Development Bank (ADB) report.

ADB supports modernization of Uch–Kurgan hydropower plant

The Asian Development Bank (ADB) has approved a $100 million financing package to modernize aging equipment and improve power generation capacity at the Uch–Kurgan hydropower plant (HPP), the oldest of the six HPPs installed along the Naryn River cascade in the Kyrgyz Republic.

ADB supports private sector solar power development in Mongolia

The Asian Development Bank (ADB) and the Leading Asia’s Private Infrastructure Fund signed an $18.7 million loan with Sermsang Power Corporation Public Company Limited and Tenuun Gerel Construction LLC to build, operate, and maintain a 15-megawatt solar power plant supplying electricity to Mongolia’s central grid system.

ADB, Baikonyr sign deal to develop solar power in Kazakhstan

The Asian Development Bank (ADB) signed a $11.5 million loan in tenge equivalent with Baikonyr Solar Limited Liability Partnership (Baikonyr Solar LLP) to support the development of solar power in Kazakhstan and further enhance the country’s energy security through increased renewable sources.

ADB provides $75 million to upgrade Mardan–Swabi road in Khyber Pakhtunkhwa

The Asian Development Bank (ADB) and the Government of Pakistan signed a loan agreement for $75 million to widen and upgrade 42 kilometers of the busy Mardan–Swabi road in the Khyber Pakhtunkhwa province in Pakistan.

ADB support key to strengthen Pakistan’s energy sector: Independent Evaluation

The Asian Development Bank’s (ADB) support to Pakistan’s energy sector has produced positive results from investment programs supporting three key areas: conventional generation, power transmission, and, to a lesser extent, electricity distribution, according to a report by Independent Evaluation on the bank’s contribution to the country’s energy sector.

Pakistan opens Gojra–Shorkot Motorway funded by ADB and DFID

The motorway is part of the Pakistan Economic Corridor Program to upgrade highway networks connecting the country’s southern and northern parts, helping improve road links between Pakistan and the neighboring Central Asian countries as well as the People’s Republic of China.