ADB investment in Batumi bypass to improve logistics, transport in Georgia The Asian Development Bank (ADB) has approved a $114 million loan to help improve regional connectivity and road transport efficiency in Georgia, while strengthening the country’s bid to become a regional transport and logistics hub.
World Bank project aims to help Mongolia diversify exports The Mongolia Ministry of Finance and the World Bank launched the Export Development Project aimed to help small- and medium-sized enterprises in non-minerals sectors strengthen their export capabilities and boost their access to export markets.
EBRD president concludes visit to Uzbekistan The European Bank for Reconstruction and Development (EBRD) has signed an agreement with the government of Uzbekistan to explore ways of increasing its investment activity in the country
Kazakhstan Power Sector: Reform Experiences and Challenges Ahead A recent World Bank report "Stuck in Transition: Reform Experiences and Challenges Ahead in The Kazakhstan Power Sector" provides recommendations about how to improve the regulatory environment, progress with market reforms, and attract private investment.
ADB president visits Uzbekistan to strengthen partnership, signs 4 new loan agreements Asian Development Bank (ADB) President Takehiko Nakao met with the President of the Republic of Uzbekistan Shavkat Mirziyoyev and signed loan agreements totaling $573 million. Mr. Nakao expressed confidence in the country’s economic prospects and reiterated ADB’s support for the government’s development agenda.
EBRD to fund installation of heat meters in Kazakhstan The European Bank for Reconstruction and Development (EBRD) is continuing to support Kazakhstan’s strategic goal to improve energy efficiency and promote sustainability, known as the “green economy” strategy, with a new financing under the bank’s own Green Economy Transition approach.
Supporting free trade with the EU in Georgia The European Union is the world’s largest trading block. Georgia signed a trade agreement with the EU offering access to the single market, which provides businesses in the country exactly such trading opportunities.
World Bank vice president visits Azerbaijan, discusses support to country’s reform program Mr. Cyril Muller, World Bank Vice President for Europe and Central Asia, visited Azerbaijan to discuss with the authorities the World Bank Group’s support for the country’s development agenda.
ADB, UK aid support Pakistan national transport policy and master plan The Government of Pakistan kicked-off a 2-year project to formulate the National Transport Policy. The comprehensive national transport policy and master plan will help cut travel time and boost the country’s economic outlook, while positioning it as a regional trade and business hub. It also seeks a safe, efficient, and sustainable transport system to realize Pakistan’s Vision 2025.
ADB to help improve infrastructure, investment climate, food security in Tajikistan The Asian Development Bank’s updated 2017 to 2019 country program for Tajikistan focuses on supporting energy and road development, improving food security, strengthening investment climate, inclusive health, and sustainable urban infrastructure.