News

New regional energy strategy maps path to secure energy future for CAREC region

Ministers from the 11 members of the CAREC Program have endorsed a new long-term strategy to improve energy security, increase investment, and improve the sustainability of energy systems in the region, setting it on a path toward achieving a secure energy future.

ADB President confirms support for expanded agenda of CAREC at 18th Ministerial Conference

In his remarks, Asian Development Bank (ADB) President Takehiko Nakao emphasized ADB’s support for CAREC member countries and its ongoing commitment to regional cooperation and integration

ADB President visits Uzbekistan to strengthen partnership

Asian Development Bank (ADB) President Takehiko Nakao met with the President of Uzbekistan Shavkat Mirziyoyev and both agreed to further strengthen the almost 25-year partnership between ADB and Uzbekistan.

ADB to help improve rural water supply, sanitation in Kyrgyz Republic

The Asian Development Bank (ADB) has approved a $27.4 million financing package to provide safe and reliable water supply and sanitation services to more than 64,000 people living in a mountainous rural area of the Kyrgyz Republic.

New ADB country director for Mongolia assumes office

The Asian Development Bank (ADB) has appointed Pavit Ramachandran as its new country director for Mongolia.

ADB, Kyrgyz Republic sign agreement to complete Uch-Kurgan hydropower plant upgrade

The Asian Development Bank and the Government of the Kyrgyz Republic have signed a $100 million financing package to modernize aging equipment and improve power generation capacity at the Uch-Kurgan hydropower plant.

VP Shixin Chen visits Georgia, reaffirms ADB’s strong development support

Asian Development Bank (ADB) Vice-President Shixin Chen met with the Vice Prime Minister and Minister of Regional Development and Infrastructure Maya Tskitishvili and reaffirmed ADB’s commitment to support Georgia's’s economic and social development during his visit to the country.

Kyrgyz Republic president, ADB country director inspect Toktogul Hydropower Plant

Kyrgyz Republic President Sooronbai Jeenbekov, accompanied by Asian Development Bank Country Director Candice McDeigan and the Energy Holding Chairman Aitmamat Nazarov, visited the Toktogul Hydropower Plant to inspect the progress of rehabilitation work on the country’s largest and most important power plant.

ADB plans $404 million to support Tajikistan’s development from 2020–2022

The Asian Development Bank’s (ADB) updated indicative financial assistance for Tajikistan from 2020–2022 is planned at $404 million that will help address the country’s challenges and emerging needs.

ADB appoints new country director for Georgia

The Asian Development Bank (ADB) has appointed Shane Rosenthal as its new Country Director for Georgia. ADB has supported Georgia since 2007 and is one of the country’s largest multilateral development partners. Sovereign and nonsovereign loans to Georgia to date total about $2.8 billion.