INFOGRAPHIC: The Afghanistan Infrastructure Trust Fund Following changes in Afghanistan in 2014, ADB and other development partners remain committed to support the country's long term development.
TAPI shareholders agreement initialed he shareholders of TAPI Pipeline Company Limited have agreed on their respective shareholding percentages and initialed the Shareholders Agreement. TAPI Company Limited will build, finance, own and operate the planned 1,600 kilometer Turkmenistan-Afghanistan-Pakistan-India (TAPI) natural gas pipeline.
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.
ADB president calls for CAREC to boost regional cooperation efforts In his keynote address at the CAREC Ministerial Conference, ADB President Takehiko Nakao said that in the current difficult global economic environment, CAREC countries should further strengthen regional cooperation and integration efforts.
TAPI steering committee endorses Turkmengaz as consortium leader for gas pipeline project The TAPI Steering Committee has unanimously endorsed State Concern “Turkmengas” as the consortium leader of TAPI Pipeline Company Limited to spearhead efforts to build, finance, own and operate the planned 1,600 kilometer Turkmenistan-Afghanistan-Pakistan-India (TAPI) natural gas pipeline
World Bank supports Afghanistan’s customs reform efforts The World Bank approved an additional grant of $21.50 million to improve the effectiveness of customs clearance at border crossings and inland clearance depots (ICDs) in Afghanistan.
Japan $3 million grant to support Afghanistan road corridor upgrade The Government of Japan has approved a $3 million grant to Afghanistan for a project which will improve the country’s main north-south road corridor transport route.
ADB provides $130 million to boost Afghanistan transport network The Asian Development Bank (ADB) and Government of Afghanistan signed two grant agreements worth $130 million to finance a new road link that will open up an east-west trade corridor with Tajikistan and beyond.
New TAPI pipeline company holds first board meeting, appoints chairman The Board of Directors of TAPI Pipeline Company Limited (TPCL) held its first meeting in Ashgabat, Turkmenistan and appointed Mr. Mobin Saulat, Managing Director of Inter State Gas Systems (Private) Limited of Pakistan, as the Chairman of the Board for purposes of the meeting.
Turkmenistan, Afghanistan, Pakistan, and India establish landmark TAPI pipeline company The four state gas companies of Turkmenistan, Afghanistan, Pakistan, and India have established a company that will build, own and operate the planned 1,800-kilometer Turkmenistan-Afghanistan-Pakistan-India (TAPI) natural gas pipeline.
