News

Public-Private Partnerships Can Unlock Central Asia’s Vast Potential – ADB

Public-private partnerships can play a vital role in unlocking Central Asia's vast economic potential, senior officials at the Asian Development Bank (ADB) told a business forum.

ADB allocates more funds for Afghanistan reconstruction

The Asian Development Bank (ADB) will provide more grant funds to Afghanistan to support essential reconstruction work and economic development.

ADB president inaugurates rail line linking Afghanistan to Central Asia

Asian Development Bank President Haruhiko Kuroda inaugurated a 75-kilometer stretch of railway line that connects the Afghan city of Mazar-e-Sharif to the country's bustling northern border with Uzbekistan.

CAREC program helping bolster regional ties in Central Asia: ADB

Expanding transport, energy and trade links through regional cooperation to boost growth among the members of the Central Asia Regional Economic Cooperation (CAREC) community was highlighted at a seminar at ADB's 43rd Annual Meeting in Tashkent.

World Customs Organization, ADB boost partnership for trade facilitation

Asian Development Bank (ADB) President Haruhiko Kuroda and Kunio Mikuriya, Secretary General of the World Customs Organization (WCO), signed a Memorandum of Understanding (MOU) to strengthen the strategic partnership between their two organizations to facilitate trade in Asia and the Pacific.

ADB signs first trade finance agreements in Uzbekistan

The Asian Development Bank (ADB) signed trade finance agreements with three banks in Uzbekistan. The agreements with Agrobank, Asaka Bank, and Hamkorbank are ADB's first such agreements in the Central Asian country.

ADB signs $350 million loan to help Uzbekistan boost energy efficiency

Asian Development Bank (ADB) President Haruhiko Kuroda signed a $350 million loan agreement to boost the efficiency of Uzbekistan's electricity supply through the construction of a new combined cycle gas turbine.

ADB expands trade finance program in Azerbaijan

Five banks in Azerbaijan signed trade finance agreements with the Asian Development Bank (ADB), a move that will help local companies conduct more international trade and become more closely integrated into regional and global business networks.

ADB to help Uzbekistan build efficient and clean power plant

The Asian Development Bank's (ADB) Board of Directors approved financing totaling $350 million to improve energy security and energy efficiency in Uzbekistan.

ADB to provide $600 million to improve key Uzbekistan road corridor

A key highway in Uzbekistan linking the Central Asian country to its neighbors is getting support from a $600 million Asian Development Bank (ADB) multitranche financing facility.