News

New project aims to help improve access to electricity in Tajikistan’s remote regions

To ensure access to electricity for vulnerable communities in Tajikistan’s remotest regions along the western foothills of the Himalayas, the World Bank’s Board of Executive Directors approved the financing of $31.7 million for the Tajikistan Rural Electrification Project.

PRC’s experience with high-speed rail offers lessons for other countries

The People's Republic of China (PRC) has put into operation over 25,000 kilometers of dedicated high-speed railway lines since 2008, far more than the total high-speed lines operating in the rest of the world.

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.

World Bank appoints new country director for Afghanistan

The newly appointed World Bank Country Director for Afghanistan, Henry Kerali, a Ugandan national, joined the World Bank in 2003 and has held several leadership positions across the bank, having recently served as the Country Director for Ghana, Liberia, and Sierra Leone in the Africa Region.

ADB-supported bus rapid transit system to improve transport in Karachi

The Asian Development Bank (ADB) has approved a $235 million loan to help develop a bus rapid transit system with innovative energy and climate resilience features that will enhance access to quality public transport for people in Karachi, Pakistan’s largest and most populated city.

Tajikistan delegation participates in CAREC meeting in Tashkent

The Tajikistan delegation comprised senior officials from the Ministry of Transport and the Ministry of Energy and Water Resources.

ADB’s $30 million loan to M-KAT Green opens new clean energy pathway in Kazakhstan

The Asian Development Bank (ADB) has signed an agreement for a $30.5 million loan in tenge equivalent to M-KAT Green LLP—a special purpose vehicle created for the project—to build and operate a solar plant to ease power supply shortages and boost the share of renewable sources in the country’s energy mix.

CAREC senior officials and partners discuss progress of 2030 strategy

The high-level meeting serves as a platform to discuss important issues of regional relevance and prepare the agenda for the 18th CAREC Ministerial Conference to be held in Tashkent in November this year.

Tashkent hosts a meeting of the Advisory Board of the Institute of CAREC

The meeting in Tashkent discussed the issue of the feasibility of early and large-scale investments in climate change mitigation and adaptation, which is considered as the most effective way to reduce future costs in the public interest.

ADB, Uzbekistan renew development partnership with new 5-year strategy

The new country partnership strategy, from 2019–2023, supports the Government of Uzbekistan's ongoing reforms to help the economy’s transition towards a more inclusive and market-driven growth path.