News

PRC’s Inner Mongolia to upgrade major highway to support trade and tourism

A major highway and rural roads in a remote northern area of the People’s Republic of China (PRC) will be upgraded to support increased movement of goods and people, through a $200 million loan from the Asian Development Bank (ADB).

ADB continues improving road connectivity in Tajikistan

The Asian Development Bank (ADB) has approved a $70 million grant for a project to magnify regional economic cooperation and inclusive growth in Tajikistan by improving key roads, enhancing road safety and maintenance, and promoting local community development.

ADB launches new partnership with the Kyrgyz Republic

The Kyrgyz Republic and the Asian Development Bank (ADB) have agreed on a new Country Partnership Strategy (CPS) for 2013 – 2017 to reduce poverty and advance inclusive economic growth.

Central Asia officials meet to discuss implementation of CAREC Program

Senior officials from the 10 member countries of the Central Asia Regional Economic Cooperation (CAREC) Program met in Almaty to review the implementation of the program aimed to develop regional transport networks, boost regional trade, and secure an efficient, reliable energy supply.

ADB loan revitalizes old Silk Road outpost in PRC’s poor northwest

The Asian Development Bank (ADB) is providing a $100 million loan to revitalize Jiuquan City, a former outpost along the Silk Road located in the under-developed northwestern region in the People's Republic of China (PRC).

Asia’s future prosperity requires major change in energy use

Asia is moving along a dangerously unsustainable energy path that will result in environmental disaster and a gaping divide in energy access between rich and poor unless the region dramatically changes course, says a new Asian Development Bank (ADB) report.

ADB approves $48 million loan to boost regional power transmission in Georgia

The Asian Development Bank (ADB) has approved a $48 million loan for a regional power transmission project in Georgia that will build and upgrade power substations to boost Georgia’s ability to export electricity and support growing regional trade in power in the Caucasus.

Trade in Kazakhstan seen rising as ADB, local banks sign trade finance deals

Two local banks in Kazakhstan signed trade finance agreements with the Asian Development Bank (ADB) to boost their lending portfolios to domestic trading companies whose financing were hampered by a series of bank restructurings in the country.

Afghanistan: Afghan road workers learn about HIV/AIDS

An innovative ADB project in Afghanistan introduces safe sex practices in a culturally sensitive manner.

ADB, OFID sign risk-sharing agreement on trade finance program

The Asian Development Bank and the OPEC Fund for International Development signed a risk distribution agreement to support trade in emerging Asian countries under ADB's Trade Finance Program.