News

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.

ADB supports forum to promote investment in Georgia

The Asian Development Bank and the Government of Georgia opened the inaugural international investment forum—"Georgia – Regional Hub and Asia's Gateway to Europe"—to promote the country as an attractive investment destination.

World Bank Group’s managing director visits Kazakhstan, discusses development priorities and enhanced collaboration

The World Bank Group’s Managing Director and Chief Operating Officer, Sri Mulyani Indrawati, paid an official visit to Kazakhstan. The main goal of the visit was to discuss the World Bank Group enhanced collaboration with Kazakhstan under the new Partnership Framework Arrangement signed in May 2014.

EBRD co-hosts first ever Tajikistan foreign investment conference

Tajikistan invited foreign and local investors, top government representatives and international financial institutions to participate in this week’s first ever Tajikistan Economic and Investment Forum in a demonstration of its growing integration with the global economy.

EBRD and Muganbank to boost energy efficiency in Azerbaijan

The European Bank for Reconstruction and Development (EBRD) is lending $3 million to Muganbank to finance energy efficiency projects in the country. The facility is provided for on-lending to qualifying corporate and individual customers, and will be used for energy efficiency and renewable energy projects.

ADB, Azerbaijan partnership to promote new economic opportunities and inclusive growth

The Asian Development Bank (ADB) and the Government of Azerbaijan have agreed to a country partnership strategy for 2014-2018 to help diversify the economy and foster new economic opportunities, promote inclusive growth, and reduce urban-rural disparities.

ADB president reaffirms support for Pakistan’s development and flood reconstruction

Asian Development Bank (ADB) President Takehiko Nakao met with Pakistan Prime Minister Mian Muhammad Nawaz Sharif to discuss ADB’s partnership with Pakistan and the country’s development opportunities.

EBRD invests in hydropower in Tajikistan

Harnessing the potential of hydropower has, for decades, been behind the construction of hydroelectric power plants in the EBRD region. This was especially true in Central Asia where the annual thaw in the Pamir and Tian Shan mountains was the spur for major projects in Soviet times.

ADB operations in Tajikistan ‘successful’ but more attention needed for inclusion and sustainability

The Asian Development Bank (ADB) needs to spur inclusion and sustainability in designing future development support in Tajikistan, says a new report by the Asian Development Bank’s (ADB) Independent Evaluation Department.

EBRD and Demirbank to boost energy efficiency in Azerbaijan

The European Bank for Reconstruction and Development (EBRD) is lending $5 million to Demirbank to finance energy efficiency projects in the country. The facility will be used for on-lending to qualifying corporate and individual customers for industrial and residential energy efficiency projects and equipment.