News

Georgia: The world’s first carbon neutral hydropower project

Georgia’s newest hydroelectric power plant was constructed on the Tergi river, in the Kazbegi region, by JSC Dariali Energy, the majority of which is owned by private investors, with the support of $80 million loan from the European Bank for Reconstruction and Development (EBRD).

EBRD supports Kazakhstan’s Samruk-Energy with €100 million loan

The European Bank for Reconstruction and Development is providing support to the national energy company Samruk-Energy as it embarks on an ambitious program of privatization in line with the strategy of its parent holding, the sovereign wealth fund Samruk-Kazyna. (Photo credit: EBRD)

First EBRD-financed buses arrive in Osh, Kyrgyz Republic

Thirty brand new buses have arrived in Osh, the southern capital of the Kyrgyz Republic. The buses are part of a project financed by the European Bank for Reconstruction and Development (EBRD) that aims to boost safe and accessible public transport services in the city.

ADB supports $1 billion financing to expand Azerbaijan gas field

The Asian Development Bank (ADB) will provide $1 billion in private and public sector assistance to expand Azerbaijan’s Shah Deniz II, one of the world’s largest gas fields.

Road safety for key thoroughfare of Dushanbe, Tajikistan

The European Bank for Reconstruction and Development and road safety organisation Eastern Alliance for Safe and Sustainable Transport are teaming up with other partners for a road safety project in Dushanbe, Tajikistan, where a major international motorway will soon come into operation. (Photo credit: EBRD)

Visiting World Bank vice president reiterated support to Georgia

Cyril Muller, World Bank Vice President for Europe and Central Asia, commended Georgia for its steady economic growth and development priorities, as he concluded his official county visit.

ADB to upgrade highways, improve road safety in Kashkadarya

The Asian Development Bank (ADB) has approved a $198 million loan to help upgrade and widen 77 kilometers of the existing Karshi-Shakhrisabz-Kitab highway in Kashkadarya province, southeast of Uzbekistan, to improve tourism, mobility, as well as domestic and international trade. (Photo credit: ADB)

ADB approves $415 million grant to support Afghanistan’s energy security

The Asian Development Bank (ADB) has approved a $415 million grant to boost Afghanistan’s energy supply and strengthen the country’s cross-border trade in energy. (Photo credit: ADB)

ADB, Kyrgyz Republic sign agreement for North–South alternate road corridor rehabilitation

The Asian Development Bank (ADB) and the Government of the Kyrgyz Republic today signed the financing agreement amounting to $95.1 million to rehabilitate a section of the North-South Alternate Road Corridor in the Kyrgyz Republic. (Photo credit: ADB)

ADB to help improve clean energy access, efficiency in Pakistan

he Asian Development Bank (ADB) has approved a $325 million loan to help enhance Pakistan’s energy security by helping install clean energy sources and improve people’s access to electricity in Khyber Pakhtunkhwa Province and Punjab, two of the country’s largest provinces.