News

Power swaps can help Asia-Pacific manage daunting future energy needs – report

Cross-border power exchanges can play a central role in helping Asia and the Pacific meet its booming demand for power, which is set to sharply outpace the rest of the world’s over the next two decades, says a comprehensive new report from the Asian Development Bank.

ADB continues improving road connectivity in Tajikistan

The Asian Development Bank (ADB) has approved a $70 million grant for a project to magnify regional economic cooperation and inclusive growth in Tajikistan by improving key roads, enhancing road safety and maintenance, and promoting local community development.

Central Asia officials meet to discuss implementation of CAREC Program

Senior officials from the 10 member countries of the Central Asia Regional Economic Cooperation (CAREC) Program met in Almaty to review the implementation of the program aimed to develop regional transport networks, boost regional trade, and secure an efficient, reliable energy supply.

Asia’s future prosperity requires major change in energy use

Asia is moving along a dangerously unsustainable energy path that will result in environmental disaster and a gaping divide in energy access between rich and poor unless the region dramatically changes course, says a new Asian Development Bank (ADB) report.

CAREC ministers agree on $23 billion action plan to boost Central Asian links

Ministers of the 10 Central Asia Regional Economic Cooperation (CAREC) Program nations have agreed on a plan to implement more than $23 billion in new regional transport infrastructure projects, together with energy and trade initiatives, aimed at creating seamless connectivity and greater prosperity in the region.

CAREC ministers to gather in People’s Republic of China to chart way forward for the region

Ministers from 10 nations spanning the Caucasus, Central, East, and South Asia will gather on 29-31 October to discuss concrete ways to boost connectivity and cooperation in their region through to 2020.

Tajikistan improves connectivity and increases trade with CAREC support

More than 500 kilometers of regional roads in Tajikistan get support under the Central Asia Regional Economic Cooperation (CAREC) Program.

ADB to upgrade CAREC road in northern Tajikistan

The Asian Development Bank (ADB) is providing a $100 million grant to help Tajikistan upgrade a vital road between Ayni-Panjakent and the Uzbek border in northern Tajikistan.

Key link in the road from Tajikistan to the world

Tajikistan, one of the more remote and isolated countries in Asia, is becoming more accessible. The last unreconstructed part of the old highway within Tajikistan which connects Europe and Asia – part of the CAREC III corridor - will receive an upgrade thanks to investment from the European Bank for Reconstruction and Development and the Asian Development Bank.

CAREC officials discuss cross-border transport arrangements

Senior customs, transport, and finance officials from the 10 member countries of the Central Asia Regional Economic Cooperation (CAREC) Program reviewed cross-border transport arrangements for CAREC corridors at a seminar in Beijing, People’s Republic of China.