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.
ADB-supported pilot road safety project in PRC aims to be model for wider replication in Asia The Asian Development Bank (ADB) has approved a $200 million loan for a pilot road safety project in Shaanxi Province, the People’s Republic of China (PRC).
ADB president calls for CAREC to boost regional cooperation efforts In his keynote address at the CAREC Ministerial Conference, ADB President Takehiko Nakao said that in the current difficult global economic environment, CAREC countries should further strengthen regional cooperation and integration efforts.
ADB loan to help deliver reliable power in northwestern Uzbekistan The Asian Development Bank has approved a $150 million loan to expand and modernize the high-voltage power grid in the northwestern region of Uzbekistan, including the construction of 364 kilometers of new transmission lines and three substations in Karakalpakstan and Khorezm.
ADB $300 million loan to complete advanced electricity meters rollout The Asian Development Bank (ADB) has approved a $300 million loan for the final stage of an ongoing program to introduce a country-wide advanced electricity metering system which will improve billing, cut power losses and strengthen the financial sustainability of the power sector.
Central Asian cooperation stands at crossroads of new era As a connecting link between Europe and East Asia, Central Asia is set to reap the benefits of burgeoning trade between the two economic giants.
Kazakhstan launches energy efficiency project The Ministry of Investments and Development jointly with the World Bank officially launched the Kazakhstan Energy Efficiency Project to improve the energy efficiency in public and social facilities and to create the enabling environment for sustainable energy efficiency financing.
Energy efficiency finance focus of EBRD conference in Istanbul When world leaders meet for the UNFCCC Conference of the Parties climate summit in December this year in Paris, energy efficiency will feature prominently as part of the global response to climate change.
ADB, DFID provide funding for Pakistan economic corridor The Asian Development Bank (ADB) and the Department for International Development (DFID) of the United Kingdom will cofinance the $327 million cost of the 59 kilometer Hassanabdal - Havelian Expressway (E-35) project.
