News

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)

ADB vice-president reaffirms strong partnership with Kazakhstan

Asian Development Bank (ADB) Vice-President Wencai Zhang held meetings with Kazakhstan Prime Minister Bakytzhan Sagintayev and other senior government officials to discuss Kazakh and global economic prospects as well as the new Central Asian trade agenda at the 11th Astana Economic Forum held on 17-19 May.

ADB helps inaugurate new power distribution network in southwest Kabul

The Asian Development Bank (ADB) and the Government of Afghanistan inaugurated a new power distribution network, which will help provide efficient and reliable electricity to around 200,000 people, who previously did not have access to electricity, in the southwest of Kabul.

Opening Remarks at the CAREC High-Level Session on New Opportunities for Regional Cooperation – Wencai Zhang

Opening remarks by ADB Vice-President Wencai Zhang at the CAREC High-Level Session on New Opportunities for Regional Cooperation: The Potential of CAREC–BRI Collaboration at the 51st ADB Annual Meeting on 3 May 2018 in Manila, Philippines.

ADB seminar furthers potential of broader CAREC–BRI collaboration

CAREC member countries can capitalize on new regional and international development dynamics, including the Belt and Road Initiative (BRI), to strengthen regional infrastructure, boost trade, and reduce poverty, according to participants at a high-level Asian Development Bank (ADB) seminar.