News

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.

Construction set to begin on Kunduz to Taluqan transmission line

A ceremony to mark the start of construction on an Asian Development Bank (ADB)-funded power transmission line linking the northern Afghanistan cities of Kunduz and Taluqan has taken place at Taluqan in Takhar province.

ADB promotes energy efficiency solutions in the People’s Republic of China

The People’s Republic of China (PRC) must develop energy efficiency solutions to support its economic growth without endangering the environment, said Hamid L. Sharif, Country Director of the Asian Development Bank (ADB) for the PRC.

World Bank Group provided over $10.4 billion to Emerging Europe and Central Asia

The World Bank Group provided $10.47 billion in funding to governments in Emerging Europe and Central Asia in fiscal year 2012, which ended on June 30, amid uncertainty in the Eurozone and modest growth.

Historic agreements bring long-awaited TAPI pipeline closer to reality

After more than 20 years of delicate negotiations, a 1,800-kilometer natural gas pipeline that connects one of Central Asia's largest energy suppliers with South Asia's critically underserved market has come one step closer to reality, marking an unprecedented new chapter in regional relations.

World Bank approves $550 million to improve education and enhance natural gas supply in Pakistan

The $200 million Natural Gas Efficiency Project aims to enhance the supply of natural gas in Pakistan by reducing the physical and commercial losses in the gas pipeline system.

ADB financing brings commercial loans to Uzbekistan’s natural gas sector

The Asian Development Bank is providing a $100 million loan and $200 million political risk guarantee for the development of a natural gas field project in Uzbekistan's southwest.

World Bank approves over $1 billion to boost electricity supply and improve irrigated agriculture in Pakistan

The Tarbela IV Extension Hydropower Project will add power generation capacity of 1,410 megawatts, and the Punjab Irrigated Agriculture Productivity Improvement Project is geared toward maximizing water use efficiency for increased yield per unit of water.

ADB and Uzbekistan sign loan agreements worth $508 million

The President of the Asian Development Bank Haruhiko Kuroda signed loan agreements on rural housing, railway electrification, electricity metering, and water supply and sanitation for a total amount of $508 million.

ADB helps Uzbekistan establish solar energy institute

The International Solar Energy Institute is envisioned to become an internationally recognized source of expertise for solar energy education, training and technology. Its applied research will bring innovation, promote technology transfer and spur efficient and economic solar technology use