News

ADB loan to help improve land border point management for enhanced trade

The Asian Development Bank 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 supports Mongolia’s drive to boost food safety, exports

The Asian Development Bank (ADB) has approved a $15 million loan to support Mongolia’s efforts to continue strengthening food safety and animal and plant health standards to realize the country’s vast potential by increasing agri-food exports to neighboring countries.

INFOGRAPHIC: The Afghanistan Infrastructure Trust Fund

Following changes in Afghanistan in 2014, ADB and other development partners remain committed to support the country's long term development.

TAPI shareholders agreement initialed

he shareholders of TAPI Pipeline Company Limited have agreed on their respective shareholding percentages and initialed the Shareholders Agreement. TAPI Company Limited will build, finance, own and operate the planned 1,600 kilometer Turkmenistan-Afghanistan-Pakistan-India (TAPI) natural gas pipeline.

ADB, Pakistan sign loan agreement for new section of M-4 motorway

The Asian Development Bank signed a loan agreement with the Government of Pakistan in Islamabad to fund the section of the M-4 motorway connecting Gojra to Shorkot in Pakistan’s Punjab province.

ADB loan to help upgrade provincial highway network in Sindh

The Asian Development Bank has approved a loan of over $197 million to rehabilitate 328 kilometers (km) of provincial highways and assist authorities in developing a master plan to better manage current and future road traffic in Sindh.

ADB-supported pilot road safety project in PRC aims to be model for wider replication in Asia

The Asian Development Bank (ADB) has approved a $200 million loan for a pilot road safety project in Shaanxi Province, the People’s Republic of China (PRC).

ADB president calls for CAREC to boost regional cooperation efforts

In his keynote address at the CAREC Ministerial Conference, ADB President Takehiko Nakao said that in the current difficult global economic environment, CAREC countries should further strengthen regional cooperation and integration efforts.

ADB loan to help deliver reliable power in northwestern Uzbekistan

The Asian Development Bank has approved a $150 million loan to expand and modernize the high-voltage power grid in the northwestern region of Uzbekistan, including the construction of 364 kilometers of new transmission lines and three substations in Karakalpakstan and Khorezm.

ADB $300 million loan to complete advanced electricity meters rollout

The Asian Development Bank (ADB) has approved a $300 million loan for the final stage of an ongoing program to introduce a country-wide advanced electricity metering system which will improve billing, cut power losses and strengthen the financial sustainability of the power sector.