ADB approves $415 million loan to improve Georgia’s North–South road corridor The Asian Development Bank (ADB) has approved a $415 million loan to Georgia to build a new highway as part of a wider government program to improve the country’s transport network and enhance Georgia as a regional trade and tourism hub.
ADB, Pakistan discuss new partnership strategy to drive economic growth Asian Development Bank (ADB) and the Government of Pakistan held a series of country consultations to formulate a new Country Partnership Strategy, which will guide ADB’s engagement in the country from 2020 to 2024.
Grant program to help increase opportunities for Tajikistan’s vulnerable communities Two projects -- the Rural Economy Development Project and the Socio-Economic Resilience Strengthening Project -- that aim to address fragility risks and increase social resilience in Tajikistan’s vulnerable regions were approved by the World Bank’s Board of Executive Directors.
ADB Vice-President Shixin Chen reaffirms commitment to Tajikistan’s development ADB Vice-President Shixin Chen reiterated ADB’s support for Tajikistan’s development priorities through the country partnership strategy and national development programs.
ADB to help transform two national parks in Mongolia as models for sustainable tourism The Asian Development Bank (ADB) has approved $38 million in loans to develop ecotourism in Khuvsgul Lake National Park and Onon-Balj National Park to serve as models for economically inclusive development and conservation in Mongolia.
Pakistan proposes CAREC single-visa to exploit tourism potential Pakistan sought introduction of a single tourist visa for all member states of the CAREC Program as well as a unified marketing strategy for efficient and cost-effective development and promotion of interlinked tourist attractions and facilities in the bloc.
