News

UPCOMING: Sixth CAREC Railway Working Group Meeting

The Sixth Railway Working Group (RWG) Meeting will discuss progress made in technical assistance activities agreed at previous RWG meetings and provide knowledge-sharing support on key topics in railway reform.

World Bank supports sustainable and efficient power sector in Tajikistan

The World Bank’s Board of Executive Directors approved $134 million in grant financing from the International Development Association for the Power Utility Financial Recovery Project with the overall objective of ensuring the viability and efficiency of Tajikistan’s power sector.

World Bank to provide further support to modernization of Uzbekistan’s agriculture sector

The World Bank’s Board of Executive Directors approved a $500 million financing package for implementation of the Agriculture Modernization Project in Uzbekistan.

ADB to help modernize vegetable production, irrigation in Mongolia

The Asian Development Bank (ADB) has approved $40 million in loans to support the modernization of government-owned irrigation networks and vegetable production in Mongolia.

EBRD approves new strategy for Tajikistan

The new strategy sets out the European Bank for Reconstruction and Development's priorities in the country for the period 2020-2025 and addresses issues such as a volatile macroeconomic environment, a challenging business climate and vulnerability to climate change factors.

New Road Safety Observatory for Asia and Pacific Region: Fighting Road Fatalities and Injuries with Better Data

The Asia-Pacific Road Safety Observatory will support countries in the region in boosting their capacity to collect, analyze, and share reliable road crash data, with the objective of drastically reducing number of road deaths and crash injuries in the region.

SPEECH: Towards Delivering on Tajikistan’s Transformation

The results of the latest Doing Business report reflect the commitment to, progress in, and challenges of aligning Tajikistan’s economic policies to the objective of encouraging investments.

First ever local auction to boost Kazakhstan’s renewable energy market

Kazakhstan for the first time conducted a solar auction that will lease out 100 hectares of public land to develop solar energy, connecting 40,000 householders to the grid.

EBRD allocates $150 million for infrastructure development in Tajikistan

A $150 million loan by the EBRD will finance the construction of a 44-kilometer stretch of the M41 road, the main transport corridor in the country linking Tajikistan with the Kyrgyz Republic, Kazakhstan, and China.

World Bank continues its support to civil aviation sector reform in Uzbekistan

The Government of Uzbekistan and the World Bank have signed an advisory services agreement for modernizing the country’s civil aviation sector.