News

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.

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 Vice-President Shixin Chen reaffirms commitment to Tajikistan’s development

ADB Vice-President Shixin Chen reiterated ADB’s support for Tajikistan’s development priorities through the country partnership strategy and national development programs.

ADB private sector deal to promote solar power in Afghanistan

The Asian Development Bank (ADB) has signed a $4 million loan with a special purpose vehicle and subsidiaries owned by the 77 Construction, Contracting, and Trading Group (77 Group), an international civil works contracting firm headquartered in Turkey, to help build a 15.1 megawatt solar power plant and promote the development of renewable energy in Afghanistan.

ADB Vice-President Shixin Chen meets Kazakhstan Prime Minister, reaffirms commitment to country partnership

Asian Development Bank (ADB) Vice-President Shixin Chen reaffirmed ADB’s commitment to further strengthen its partnership with Kazakhstan on his visit to the country from 14 to 18 May.

EBRD approves new strategy for Azerbaijan

The European Bank for Reconstruction and Development (EBRD) has approved a new strategy for Azerbaijan which will guide EBRD’s investments and policy work in the country for the next five years.

#EBRDmore: Doing more in Central Asia

A record level of business in Uzbekistan in a single year, continued support for renewable projects in Kazakhstan and the launch of the EBRD Green Cities programme in Mongolia – these are just a few examples of the EBRD’s successful work in Central Asia in 2018.