News

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

Development partners commit to support CAREC 2020

Ministers and senior representatives of development agencies met in Baku, Azerbaijan to discuss support for the new 10-year strategy for the Central Asia Regional Economic Cooperation (CAREC) Program.

Regional cooperation on track as CAREC endorses 10-year strategy

Ministers from the 10-country Central Asia Regional Economic Cooperation (CAREC) Program endorsed CAREC 2020, a framework for intensified regional cooperation that promises to build on the program's first decade of achievement.

CAREC ministers celebrate a decade of cooperation

Next week in Baku, Azerbaijan, ministers from 10 countries spanning the Caucuses, and Central, East and South Asia will gather to mark a decade of achievement, including $17 billion of investments in energy, trade and transportation under the Central Asia Regional Economic Cooperation (CAREC) Program.

EBRD and Kazakhstan support emergency response for oil and gas operations

The European Bank for Reconstruction and Development has teamed up with Kazakhstan’s Ministry for Emergency Situations with an agreement to develop large-scale emergency response capacity for offshore oil & gas projects, modernize crisis management centers, and develop effective international emergency coordination.

ADB funds smart electricity meters to boost energy efficiency in Uzbekistan

The Asian Development Bank (ADB) is financing 'smart' electricity meters for Uzbekistan to help the energy-intensive Central Asian nation use its power resources more efficiently.

ADB helps improve living vonditions in PRC’s poor northwest

The Asian Development Bank (ADB) is providing a $100 million loan to build new urban infrastructure that will improve living conditions and support the growth of tourism in five remote counties in northwest People's Republic of China.

EBRD finances energy distribution system in Tajikistan

The European Bank for Reconstruction and Development (EBRD) is helping to modernize the distribution of electricity in Tajikistan with a loan that will improve energy efficiency in the power system and enhance power services to customers.

CAREC 2020: Boosting trade, transport, and energy in Central Asia

Senior officials from the 10 member countries of the Central Asia Regional Economic Cooperation (CAREC) Program, met today in Baku, Azerbaijan, and moved towards completing a strategic framework that over the next decade will help further develop regional transport networks, boost regional trade, and help secure reliable, efficient energy.