News

ADB $500 million investment program aids Uzbekistan’s push for increased trade, growth

The Asian Development Bank (ADB) is providing a multitranche financing facility of up to $500 million to help Uzbekistan reconstruct around 230 kilometers of poor quality roads, which will improve road connectivity and safety, and boost trade along a key regional transport corridor linking Asia to Europe.

New customs border post means more trade, increased revenue

A modern customs border post opened in Chon-Kapka on the border with Kazakhstan. The new border post was rebuilt to international standards as part of the Regional Customs Modernization and Infrastructure Development project financed by Asian Development Bank.

ADB helps improve living vonditions in PRC’s poor northwest

The Asian Development Bank (ADB) is providing a $100 million loan to build new urban infrastructure that will improve living conditions and support the growth of tourism in five remote counties in northwest People's Republic of China.

CAREC 2020: Boosting trade, transport, and energy in Central Asia

Senior officials from the 10 member countries of the Central Asia Regional Economic Cooperation (CAREC) Program, met today in Baku, Azerbaijan, and moved towards completing a strategic framework that over the next decade will help further develop regional transport networks, boost regional trade, and help secure reliable, efficient energy.

$55 million ADB loan for CAREC highway linking Kyrgyz Republic and PRC

The Asian Development Bank (ADB) has approved a $55 million loan to finance improvements to a key highway connecting the Kyrgyz Republic with the People's Republic of China (PRC).

CAREC 2020: Boosting trade, transport, and energy in Central Asia

Senior officials from the 10 member countries of the Central Asia Regional Economic Cooperation (CAREC) Program, met in Baku, Azerbaijan, and moved towards completing a strategic framework that over the next decade will help further develop regional transport networks, boost regional trade, and help secure reliable, efficient energy.

ADB signs first trade finance agreements in Georgia

The Asian Development Bank signed trade finance agreements with Bank of Georgia and TBC Bank that are expected to bolster the trade sector and Georgia's role as a strategic hub between Europe and Asia.

Japan first donor to infrastructure reconstruction fund for Afghanistan

The Government of Japan has become the first donor country to contribute to a new Asian Development Bank (ADB) administered fund that aims to help rebuild roads and other vital infrastructure in Afghanistan.

Turkmenistan gets first ADB loan for regional rail link

The Asian Development Bank (ADB) is providing $125 million in its first ever loan to Turkmenistan for a rail link that will expand economic opportunities at home and support increased trade in Central Asia and beyond.

ADB provides $340 million to complete Afghan Ring Road

The Asian Development Bank (ADB) and Afghanistan's Minister of Finance signed two agreements totaling more than $340 million that will lead to the completion of Afghanistan's vital Ring Road and to improvements in the power sector.