Additional financing to improve road connectivity in Kyrgyz Republic The Asian Development Bank (ADB) and the Kyrgyz Republic signed around $15 million in additional ADB loan and grant financing for a project to improve national roads that are a key part of a strategic regional road corridor.
ADB loans help PRC tackle surge in transport emissions The Asian Development Bank (ADB) has signed loans of up to $450 million equivalent to help the People’s Republic of China (PRC) scale up its use of natural gas for transport to curb fast-rising emissions from automobiles and river freight.
ADB warming up cold IMAR with low carbon, low emissions heating The Asian Development Bank (ADB) has approved a loan of $150 million to introduce a first-of-its-kind low carbon and low emissions heating system utilizing natural gas and wind power, in Hohhot, capital of the Inner Mongolia Autonomous Region (IMAR) of the People’s Republic of China (PRC).
ADB continues support to improve electricity supply in Tajikistan The Asian Development Bank (ADB) has approved a $54 million grant to improve the electricity supply to households and industry in Tajikistan.
ADB to help modernize Kyrgyz Republic’s largest power plant The Asian Development Bank (ADB) is extending an assistance package of $110 million to help upgrade the Kyrgyz Republic’s largest power plant, Toktogul, which produces 40% of the country’s electricity supply and regulates power frequency for Central Asia.
New TAPI pipeline company holds first board meeting, appoints chairman The Board of Directors of TAPI Pipeline Company Limited (TPCL) held its first meeting in Ashgabat, Turkmenistan and appointed Mr. Mobin Saulat, Managing Director of Inter State Gas Systems (Private) Limited of Pakistan, as the Chairman of the Board for purposes of the meeting.
Turkmenistan, Afghanistan, Pakistan, and India establish landmark TAPI pipeline company The four state gas companies of Turkmenistan, Afghanistan, Pakistan, and India have established a company that will build, own and operate the planned 1,800-kilometer Turkmenistan-Afghanistan-Pakistan-India (TAPI) natural gas pipeline.
ADB president visits Kyrgyz Republic to strengthen partnership, attend CAREC ministerial meeting Asian Development Bank (ADB) President Takehiko Nakao met with President Almazbek Atambaev and Prime Minister Djoomart Otorbaev during his two-day visit to the Kyrgyz Republic to discuss ADB’s support for the government’s development agenda, and the need to continue the focus on poverty reduction and inclusive growth.
ADB supports forum to promote investment in Georgia The Asian Development Bank and the Government of Georgia opened the inaugural international investment forum—"Georgia – Regional Hub and Asia's Gateway to Europe"—to promote the country as an attractive investment destination.
[INFOGRAPHIC] Kyrgyz Republic and ADB: A bright future for the heart of Central Asia Over 20 years of partnership with the Kyrgyz Republic, ADB has helped to ensure the reliability of electricity services, provide people with employable skills, and enhance the country's transport and communications network.