News

CAREC Ministerial Conference opens in People’s Republic of China

The 11th Ministerial Conference on Central Asia Regional Economic Cooperation (CAREC) is taking place in Wuhan, People’s Republic of China (PRC) on 29-31 October.

Tajikistan improves connectivity and increases trade with CAREC support

More than 500 kilometers of regional roads in Tajikistan get support under the Central Asia Regional Economic Cooperation (CAREC) Program.

Construction set to begin on Kunduz to Taluqan transmission line

A ceremony to mark the start of construction on an Asian Development Bank (ADB)-funded power transmission line linking the northern Afghanistan cities of Kunduz and Taluqan has taken place at Taluqan in Takhar province.

ADB to upgrade CAREC road in northern Tajikistan

The Asian Development Bank (ADB) is providing a $100 million grant to help Tajikistan upgrade a vital road between Ayni-Panjakent and the Uzbek border in northern Tajikistan.

ADB promotes energy efficiency solutions in the People’s Republic of China

The People’s Republic of China (PRC) must develop energy efficiency solutions to support its economic growth without endangering the environment, said Hamid L. Sharif, Country Director of the Asian Development Bank (ADB) for the PRC.

ADB provides $80 million to sustain urban transport in metropolitan area of Tbilisi

The Asian Development Bank (ADB) signed $80 million in loan agreements with the Government of Georgia to improve the connectivity and accessibility of the Tbilisi metropolitan area. The improved infrastructure will ease chronic traffic congestion, improve the environment and road safety, and boost growth and jobs.

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.