News

TAPI steering committee endorses Turkmengaz as consortium leader for gas pipeline project

The TAPI Steering Committee has unanimously endorsed State Concern “Turkmengas” as the consortium leader of TAPI Pipeline Company Limited to spearhead efforts to build, finance, own and operate the planned 1,600 kilometer Turkmenistan-Afghanistan-Pakistan-India (TAPI) natural gas pipeline

EBRD approves new strategy for Tajikistan

The European Bank for Reconstruction and Development (EBRD) has approved a new country strategy which will guide its work in Tajikistan in the next four years.

EBRD invests in energy reform and transmission system upgrade in Tajikistan

The EBRD is providing a $110 million loan to national power utility of Tajikistan, Barki Tojik to finance construction of the power converter station and related infrastructure in Tajikistan, as part of the high-voltage transmission line project Central Asia South Asia Electricity Transmission and Trade, otherwise known as CASA-1000.

EBRD moves to new address in Astana, Kazakhstan

The EBRD’s team in Astana, the capital of Kazakhstan, has moved to new offices, which highlights growing EBRD investment in the country.

Georgia power reforms support economic growth – ADB report

Georgia’s power sector reforms over the past two decades have resulted in a dramatic turnaround in service and efficiency, which has helped support a resurgence of economic growth, says a new Asian Development Bank (ADB) report.

ADB loan to improve urban services, connectivity in Xinjiang border area

The Asian Development Bank (ADB) has approved a $150 million loan for infrastructure and service upgrades that will help lift living standards, improve the environment, and boost trade opportunities for urban centers in the northwest Xinjiang Uygur Autonomous Region, People’s Republic of China.

ADB $220 million aid to help Pakistan build hazard-resilient infrastructure

The Asian Development Bank (ADB) has approved assistance of over $220 million to help Pakistan rebuild and upgrade roads, bridges and other high-priority infrastructure damaged by the devastating 2014 floods.

ADB loan to help improve urban services, environment in Akesu, Xinjiang

The Asian Development Bank (ADB) has approved a $150 million loan to conduct urgently-needed upgrades to infrastructure and services in the fast growing city of Akesu in the Xinjiang Uygur Autonomous Region (Xinjiang), the People’s Republic of China (PRC).

World Bank supports Afghanistan’s customs reform efforts

The World Bank approved an additional grant of $21.50 million to improve the effectiveness of customs clearance at border crossings and inland clearance depots (ICDs) in Afghanistan.

EBRD helps improve district heating in Kazakhstan

The EBRD, with the support of the Climate Investments Funds (CIFs), is helping the citizens of Pavlodar in Kazakhstan enjoy better heating services.