News

CAREC officials discuss cross-border transport arrangements

Senior customs, transport, and finance officials from the 10 member countries of the Central Asia Regional Economic Cooperation (CAREC) Program reviewed cross-border transport arrangements for CAREC corridors at a seminar in Beijing, People’s Republic of China.

Historic agreements bring long-awaited TAPI pipeline closer to reality

After more than 20 years of delicate negotiations, a 1,800-kilometer natural gas pipeline that connects one of Central Asia's largest energy suppliers with South Asia's critically underserved market has come one step closer to reality, marking an unprecedented new chapter in regional relations.

In Mongolia, efforts underway to prevent HIV/AIDS

While only a small number of people in Mongolia are infected with HIV/AIDS, ADB and the government are not taking any chances. In road projects, HIV/AIDS prevention clauses are included in the bidding and contracting documents for prospective contractors.

ADB financing brings commercial loans to Uzbekistan’s natural gas sector

The Asian Development Bank is providing a $100 million loan and $200 million political risk guarantee for the development of a natural gas field project in Uzbekistan's southwest.

ADB and Uzbekistan sign loan agreements worth $508 million

The President of the Asian Development Bank Haruhiko Kuroda signed loan agreements on rural housing, railway electrification, electricity metering, and water supply and sanitation for a total amount of $508 million.

ADB helps Uzbekistan establish solar energy institute

The International Solar Energy Institute is envisioned to become an internationally recognized source of expertise for solar energy education, training and technology. Its applied research will bring innovation, promote technology transfer and spur efficient and economic solar technology use

ADB-funded road program to spur growth, development in West Mongolia

The Asian Development Bank (ADB) has approved a financing facility of up to $170 million for road improvements along a transport corridor in western Mongolia that will help reduce the region's isolation and spur development in one of the country's poorest areas.

Development partners commit to support CAREC 2020

Ministers and senior representatives of development agencies met in Baku, Azerbaijan to discuss support for the new 10-year strategy for the Central Asia Regional Economic Cooperation (CAREC) Program.

Regional cooperation on track as CAREC endorses 10-year strategy

Ministers from the 10-country Central Asia Regional Economic Cooperation (CAREC) Program endorsed CAREC 2020, a framework for intensified regional cooperation that promises to build on the program's first decade of achievement.

ADB, EBRD strengthen ties in Caucasus and Central Asia

The Asian Development Bank (ADB) and the European Bank for Reconstruction and Development (EBRD) have agreed to work more closely on a range of projects to build capacity and promote public private partnerships across the Caucasus and Central Asia.