News

TAPI shareholders agreement signed at ground breaking ceremony

The shareholders of TAPI Pipeline Company Limited have signed the Shareholders Agreement at a groundbreaking ceremony to commemorate the beginning of construction of the Turkmen portion of the planned 1,800 km Turkmenistan-Afghanistan-Pakistan-India (TAPI) natural gas pipeline project.

New ADB research shows design of special economic zones determines success

Special economic zones can be a driving force for increased trade, investment, and economic reform in Asia at a time the region is experiencing a slowdown in trade, provided the right business environments and policies are put in place, says a new Asian Development Bank report.

ADB $1.2 billion grant to support Afghanistan’s energy security

The Asian Development Bank has approved $1.2 billion in grants to reinforce ongoing energy projects in Afghanistan and to provide new funds to boost energy supply, improve power sector efficiency, and promote cross border trade in energy.

ADB loan to help improve land border point management for enhanced trade

The Asian Development Bank has approved a $250 million loan to boost cross-border trade activity with its neighboring countries by reducing customs processing time for cargo and goods at the three key border points of Charman, Torkham, and Wagha.

ADB supports Mongolia’s drive to boost food safety, exports

The Asian Development Bank (ADB) has approved a $15 million loan to support Mongolia’s efforts to continue strengthening food safety and animal and plant health standards to realize the country’s vast potential by increasing agri-food exports to neighboring countries.

INFOGRAPHIC: The Afghanistan Infrastructure Trust Fund

Following changes in Afghanistan in 2014, ADB and other development partners remain committed to support the country's long term development.

TAPI shareholders agreement initialed

he shareholders of TAPI Pipeline Company Limited have agreed on their respective shareholding percentages and initialed the Shareholders Agreement. TAPI Company Limited will build, finance, own and operate the planned 1,600 kilometer Turkmenistan-Afghanistan-Pakistan-India (TAPI) natural gas pipeline.

ADB, Pakistan sign loan agreement for new section of M-4 motorway

The Asian Development Bank signed a loan agreement with the Government of Pakistan in Islamabad to fund the section of the M-4 motorway connecting Gojra to Shorkot in Pakistan’s Punjab province.

World Bank support to improve Hindukush mountain roads in Afghanistan

The World Bank approved a $250 million grant to help support the Government of Afghanistan’s efforts to improve road transport links across the Hindukush mountain range, including the rehabilitation of the Salang road and tunnel.

ADB loan to help upgrade provincial highway network in Sindh

The Asian Development Bank has approved a loan of over $197 million to rehabilitate 328 kilometers (km) of provincial highways and assist authorities in developing a master plan to better manage current and future road traffic in Sindh.