World Bank Support will improve transport links, increase access to markets in Kazakhstan The World Bank Board of Directors approved a $978 million loan to improve transport links along the Kazakhstan Center West Corridor and strengthen the capacity of the local authorities to better manage and preserve roads.
INFOGRAPHIC: The Potential of Intra-regional Trade for South Asia With intra-regional trade at less than 5% of total trade, South Asia is the least integrated region in the world, dwarfed by East Asia’s 35% and Europe’s 60%.
Q&A: Central Asia-South Asia Electricity Transmission and Trade Project (CASA-1000) The CASA-1000 project is the first step towards creating the Central Asia-South Asia Regional Electricity Market (CASAREM), leveraging Central Asia's significant energy resources to help alleviate South Asia's energy shortages on a mutually beneficial basis.
World Bank continues supporting Azerbaijan’s highway rehabilitation and maintenance program The World Bank Board of Directors approved a $140 million loan to the Republic of Azerbaijan for the Additional Financing for the Third Highway Project. The Additional Financing will help complete upgrading of the Baku–Shamakhi road sections by expanding them from two to four lanes, and will support strengthening Azerbaijan’s nascent motorway management and maintenance program.
The World Bank continues to support better roads in Georgia The World Bank Board of Executive Directors approved an International Bank for Reconstruction and Development loan in the amount of $40 million to Georgia for the Secondary Road Asset Management Project.
Alternative financing mechanisms for railway development in PRC In the last decade, the People's Republic of China has developed the world’s largest high-speed rail network. The question now facing China Railways Corporation, is how to finance its continued development.
World Bank to support integrated transport in the Wuhan Metropolitan Region The World Bank’s Board of Executive Directors approved a loan of $120 million to the People's Republic of China to support integrated transport development in the Wuhan Metropolitan Region.
Faster, greener, and safer urban transport for residents in Tianjin and Urumqi Residents in Tianjin Municipality and Urumqi City in Xinjiang Uyghur Autonomous Region will benefit from faster, greener ,and safer urban transport with support of two loans approved by the World Bank’s Board of Executive Directors.
World Bank support to improve Hindukush mountain roads in Afghanistan The World Bank approved a $250 million grant to help support the Government of Afghanistan’s efforts to improve road transport links across the Hindukush mountain range, including the rehabilitation of the Salang road and tunnel.
Kazakhstan launches energy efficiency project The Ministry of Investments and Development jointly with the World Bank officially launched the Kazakhstan Energy Efficiency Project to improve the energy efficiency in public and social facilities and to create the enabling environment for sustainable energy efficiency financing.