News

ADB provides $60 million to support power transmission expansion in eastern Afghanistan

Asian Development Bank (ADB) has signed a $60 million grant to provide more electricity for Afghan households, businesses, and industry by extending the national grid connectivity into eastern provinces and strengthening the northeast power system.

World Bank supports agricultural business opportunities in Tajikistan

The World Bank Board of Executive Directors approved $15 million in additional financing to support the ongoing Agriculture Commercialization Project in Tajikistan. The project aims to expand opportunities for Tajik farmers and enterprises to increase productivity, and access to domestic and international markets.

Promoting safe and sustainable roads in Tajikistan

Together with the Eastern Alliance for Safe and Sustainable Transport and the Young Generation of Tajikistan, the European Bank for Reconstruction and Development (EBRD) is running a road safety media and public awareness campaign in Dushanbe to promote the use of seat belts and highlight the benefits of eco-driving.

ADB loan to help modernize power generation in Uzbekistan

The Asian Development Bank’s (ADB) Board of Directors has approved a $450 million loan to help install between 850 to 950 megawatts in additional generation capacity in the Talimarjan thermal power plant using combined cycle technology, which will help improve power generation efficiency and energy security in Uzbekistan.

ADB approves $400 million to support Azerbaijan’s rail sector, modernize North–South Railway Corridor

The Asian Development Bank’s (ADB) Board of Directors has approved two loans totaling $400 million to help strengthen Azerbaijan’s railway sector and modernize and rehabilitate the Sumgayit–Yalama rail line, a key link in the North–South Railway Corridor.

ADB provides $330 million to Afghanistan to complete National Ring Road

The Asian Development Bank’s (ADB) Board of Directors has approved $330 million in grant financing to support the completion of Afghanistan's national Ring Road, a vital national strategic corridor and a critical part of the country’s regional integration agenda.

ADB sees chance for Pakistan to emerge as trade hub

The Asian Development Bank (ADB) has suggested that Pakistan should emerge as a centre of trade and commerce by removing barriers on its international borders as two continents – Asia and Europe – are rapidly growing. (The Express Tribune)

CAREC strategy 2030 launched: ADB to loan $2 billion for two railways projects

Asian Development Bank (ADB) will provide a loan of two billion dollars to Pakistan for the upgrades of two railway projects under the Central Asia Regional Economic Cooperation (CAREC) strategy 2030. (The News International)

VP Zhang visits Georgia, reaffirms ADB’s development support

Asian Development Bank (ADB) Vice-President Wencai Zhang met with the Prime Minister of Georgia Giorgi Kvirikashvili, where he highlighted ADB’s robust and expanding partnership with Georgia and reaffirmed ADB’s commitment to support the country’s economic development.

New energy efficiency plans to unlock Kazakhstan’s energy potential

Kazakhstan is set to develop urban Energy Efficiency Plans for its two largest cities – Astana and Almaty. A new study, conducted jointly by city municipalities and the World Bank, outlines key improvements to be made in the energy sector of the two cities within the next 15 years, allowing savings of up to 25% on total energy consumption.