ADB allocates $1.5 billion to support energy, transport, and urban sectors The Asian Development Bank (ADB)’s updated business plan for Azerbaijan will allocate around $1.5 billion in loans and technical assistance grants to help the country diversify its economy and promote sustainable, non-oil growth.
ADB allocates $1.5 billion to support energy, transport, and urban sectors The Asian Development Bank’s updated business plan for Azerbaijan will allocate around $1.5 billion in loans and technical assistance grants to help the country diversify its economy and promote sustainable, non-oil growth. (Photo credit: ADB)
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.
ADB, Pakistan sign loan agreement for new section of M-4 motorway The Asian Development Bank signed a loan agreement with the Government of Pakistan in Islamabad to fund the section of the M-4 motorway connecting Gojra to Shorkot in Pakistan’s Punjab province.
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 loan to help upgrade provincial highway network in Sindh The Asian Development Bank has approved a loan of over $197 million to rehabilitate 328 kilometers (km) of provincial highways and assist authorities in developing a master plan to better manage current and future road traffic in Sindh.
ADB-supported pilot road safety project in PRC aims to be model for wider replication in Asia The Asian Development Bank (ADB) has approved a $200 million loan for a pilot road safety project in Shaanxi Province, the People’s Republic of China (PRC).
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.
Central Asian cooperation stands at crossroads of new era As a connecting link between Europe and East Asia, Central Asia is set to reap the benefits of burgeoning trade between the two economic giants.
ADB, DFID provide funding for Pakistan economic corridor The Asian Development Bank (ADB) and the Department for International Development (DFID) of the United Kingdom will cofinance the $327 million cost of the 59 kilometer Hassanabdal - Havelian Expressway (E-35) project.
