News

ADB provides $78 million to improve regional road transport links in Kyrgyz Republic

The Asian Development Bank’s Board of Directors has approved a total of $78 million to complete the rehabilitation of a road that connects two major transport corridors linking the landlocked country to international markets.

ADB supports new road project to improve connectivity in Afghanistan

Afghanistan President Mohammad Ashraf Ghani inaugurated the first phase of a 51-kilometer road section connecting Jabul Saraj to Nijrab road in Parwan province, which is supported by the Asian Development Bank (ADB).

Kyrgyz Republic to increase regional connectivity and boost tourism in prime visitor area, with World Bank support

About 2.5 million people are expected to benefit from local integrated development and the promotion of sustainable tourism in Issyk-Kul Oblast, thanks to a new phase of the Central Asia Regional Links Program.

ADB affirms support for Pakistan’s development agenda

Asian Development Bank (ADB) Vice-President Wencai Zhang affirmed ADB’s support for the Government of Pakistan’s new development and reform agenda during his 2-day visit to the country.

ADB grant supports Tajikistan’s efforts in disaster risk management

The Board of Directors of the Asian Development Bank (ADB) has approved a $10 million grant to help Tajikistan prepare and respond to natural hazards and climate change, and reduce the impact of disasters on the people.

ADB approves new partnership strategy for Kyrgyz Republic

The Asian Development Bank's Board of Directors has endorsed a new 5-year country partnership strategy to promote sustainable economic growth, leverage regional cooperation to reap the benefits of access to larger markets, and improve the quality of life in the Kyrgyz Republic.

The CASA-1000 project crosses another important milestone

By putting in place the commercial and institutional arrangements and the transmission infrastructure, the World Bank Group-supported Central Asia-South Asia Regional Electricity and Trade Project (CASA-1000) is the first step toward creating the Central Asia-South Asia Regional Electricity Market (CASAREM).

ADB supports first distributed renewable energy system in Mongolia

The Asian Development Bank’s Board of Directors has approved a $40 million loan to develop a 41-megawatt distributed renewable energy system—a first-of-its-kind in Mongolia using a variety of renewable energy technologies to supply power and heating in the remote and less-developed western regions of the country.

Experts discuss bridging funding gap for Asia’s $8.4 trillion transport needs

Meeting Asia and the Pacific’s transport needs will require $8.4 trillion in financing by 2030, said Asian Development Bank (ADB) President Takehiko Nakao.

CAREC countries discuss transport partnership in Ashgabat

CFCFA members and development partners meet to discuss issues of increasing the volume of trade, passenger and cargo transportation between CAREC countries, as well as to present transport development projects in the region.