News

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 to help modernize Uzbekistan’s railway fleet, improve services

The Asian Development Bank (ADB) has approved a $170 million loan to help improve Uzbekistan’s railway fleet through the procurement of 24 state-of-the-art electric locomotives.

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.

Infrastructure development key to Afghanistan’s growth — ADB

Focusing on infrastructure development will help bring about long-term growth in Afghanistan and address persistent issues affecting the country’s economic prospects, apart from security, including poor connectivity, poor access to limited energy supply, and low agriculture productivity, says a new Asian Development Bank (ADB) report.

ADB provides $75 million to upgrade Mardan–Swabi road in Khyber Pakhtunkhwa

The Asian Development Bank (ADB) and the Government of Pakistan signed a loan agreement for $75 million to widen and upgrade 42 kilometers of the busy Mardan–Swabi road in the Khyber Pakhtunkhwa province in Pakistan.

Pakistan opens Gojra–Shorkot Motorway funded by ADB and DFID

The motorway is part of the Pakistan Economic Corridor Program to upgrade highway networks connecting the country’s southern and northern parts, helping improve road links between Pakistan and the neighboring Central Asian countries as well as the People’s Republic of China.

ADB grant to help develop railways in CAREC countries

The Asian Development Bank (ADB) has approved a $2 million regional technical assistance grant to support the development of railways in Central Asia Regional Economic Cooperation (CAREC) countries. (Photo credit: ADB)