News

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.

World Bank invests in Tajikistan’s regional transport connectivity

The World Bank Group’s Board of Executive Directors approved an allocation of $45 million equivalent to finance the second phase of the transformative Central Asia Road Links Program, to be implemented in Tajikistan in 2015-2020.

7.6 million people in Uzbekistan will benefit from better inter-regional accessibility by railway link

The World Bank’s Board of Executive Directors approved a $195 million IBRD loan for the Pap-Angren Railway Project in Uzbekistan. The project will help improve transport connectivity in the Ferghana Valley by enhancing the efficiency of transport services into and out of the Uzbekistan part of the Valley.

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.

ADB increases country allocation to Tajikistan by $20 million in 2015

The Asian Development Bank (ADB) has agreed to boost its assistance to Tajikistan by around $20 million in 2015, raising its full year planned assistance program to $79 million.

Additional financing to improve road connectivity in Kyrgyz Republic

The Asian Development Bank (ADB) and the Kyrgyz Republic signed around $15 million in additional ADB loan and grant financing for a project to improve national roads that are a key part of a strategic regional road corridor.

$5 million from EBRD for road works in Tajikistan

The EBRD and international donors are supporting vital infrastructure in Tajikistan with a financing package of over $5 million for critical maintenance of the national road network.

ADB loans help PRC tackle surge in transport emissions

The Asian Development Bank (ADB) has signed loans of up to $450 million equivalent to help the People’s Republic of China (PRC) scale up its use of natural gas for transport to curb fast-rising emissions from automobiles and river freight.

EBRD lends $30 million in tenge for Kazakh rail company Eastcomtrans

The European Bank for Reconstruction and Development (EBRD) is stepping up its efforts to support the private sector in Kazakhstan by providing a financing package equivalent to $30 million for one of the largest private railway operators in the country, Eastcomtrans LLP.

ADB president visits Kyrgyz Republic to strengthen partnership, attend CAREC ministerial meeting

Asian Development Bank (ADB) President Takehiko Nakao met with President Almazbek Atambaev and Prime Minister Djoomart Otorbaev during his two-day visit to the Kyrgyz Republic to discuss ADB’s support for the government’s development agenda, and the need to continue the focus on poverty reduction and inclusive growth.