News

ADB grant supports Tajikistan’s efforts in disaster risk management

The Board of Directors of the Asian Development Bank (ADB) has approved a $10 million grant to help Tajikistan prepare and respond to natural hazards and climate change, and reduce the impact of disasters on the people.

ADB approves new partnership strategy for Kyrgyz Republic

The Asian Development Bank's Board of Directors has endorsed a new 5-year country partnership strategy to promote sustainable economic growth, leverage regional cooperation to reap the benefits of access to larger markets, and improve the quality of life in the Kyrgyz Republic.

ADB supports first distributed renewable energy system in Mongolia

The Asian Development Bank’s Board of Directors has approved a $40 million loan to develop a 41-megawatt distributed renewable energy system—a first-of-its-kind in Mongolia using a variety of renewable energy technologies to supply power and heating in the remote and less-developed western regions of the country.

Experts discuss bridging funding gap for Asia’s $8.4 trillion transport needs

Meeting Asia and the Pacific’s transport needs will require $8.4 trillion in financing by 2030, said Asian Development Bank (ADB) President Takehiko Nakao.

ADB President visits the People’s Republic of China, reaffirms partnership

During the visit, Asian Development Bank (ADB) President Takehiko Nakao, People’s Republic of China Minister of Finance (MOF) and ADB Governor Liu Kun, and National Development and Reform Commission (NDRC) Chair He Lifeng signed a memorandum of understanding in which ADB commits to assist the NDRC and MOF in the implementation of the rural vitalization strategy.

Reforms can accelerate economic diversification in Kazakhstan — ADB

Kazakhstan’s future growth depends on reforms that provide a level playing field for the private sector and support economic diversification, according to a new Asian Development Bank (ADB) Country Diagnostic Study.

ADB, Tajikistan celebrate 20 years of development partnership

Asian Development Bank (ADB) Vice-President Wencai Zhang reiterated ADB’s support to Tajikistan’s development agenda, as the country strives to achieve inclusive and sustainable growth.

ADB additional support to improve water management in Tajikistan

The additional support will help continue ongoing initiatives to strengthen Tajikistan’s disaster and climate change resilience in the water resources and agriculture sectors.

ADB strengthens support for Uzbekistan’s horticulture sector with $198 million additional financing

Asian Development Bank’s Board of Directors has approved $198 million in additional financing to scale up its support in enhancing horticulture value chain development in all 12 regions in Uzbekistan as well as in the autonomous region of the Republic of Karakalpakstan.

ADB President visits Georgia, reaffirms commitment to expand partnership

During his visit, Asian Development Bank (ADB) President Takehiko Nakao announced that ADB plans to mobilize over $1.2 billion in financing during 2019–2021, including support for two flagship projects of the government: the development of the East–West and the North–South transport and economic corridors. (Photo credit: ADB)