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.
ADB $40 million grant for flood reconstruction in northern Afghanistan The Asian Development Bank (ADB) is providing a $40 million emergency assistance grant to assist with the reconstruction of irrigation and rural road infrastructure at 15 provinces in northern Afghanistan that suffered heavy damage from severe flooding earlier this year.
ADB, Azerbaijan partnership to promote new economic opportunities and inclusive growth The Asian Development Bank (ADB) and the Government of Azerbaijan have agreed to a country partnership strategy for 2014-2018 to help diversify the economy and foster new economic opportunities, promote inclusive growth, and reduce urban-rural disparities.
ADB president reaffirms support for Pakistan’s development and flood reconstruction Asian Development Bank (ADB) President Takehiko Nakao met with Pakistan Prime Minister Mian Muhammad Nawaz Sharif to discuss ADB’s partnership with Pakistan and the country’s development opportunities.
ADB operations in Tajikistan ‘successful’ but more attention needed for inclusion and sustainability The Asian Development Bank (ADB) needs to spur inclusion and sustainability in designing future development support in Tajikistan, says a new report by the Asian Development Bank’s (ADB) Independent Evaluation Department.
