News

ADB operations in Tajikistan remain strong

The performance of projects and programs supported by the Asian Development Bank (ADB) in Tajikistan remains strong; they have successfully helped improve people’s lives through better road connectivity and more reliable power supply.

ADB VP visits Kazakhstan to discuss partnership, attend economic forum

Asian Development Bank (ADB) Vice-President Wencai Zhang is in Kazakhstan for a 2-day visit where he has been holding talks with government officials on partnership opportunities. He also delivered the keynote address at the 8th Astana Economic Forum.

EBRD finance brings modern trams to Kazakhstan city of Pavlodar

The EBRD is helping Pavlodar, a major city in the north-east of Kazakhstan, to modernize the tramway system that is crucial for public transportation in the city. Pavlodar, one of the oldest cities of Kazakhstan, is home to over 330,000 people and most of them use trams as their main means of transport.

KICB and EBRD support private Kyrgyz chain of petrol stations

The Kyrgyz Investment and Credit Bank (KICB) and the European Bank for Reconstruction and Development (EBRD) are continuing to support medium-sized private companies in the Kyrgyz Republic through a special joint-financing mechanism which makes it possible to offer larger and longer-term financing.

Tajikistan and EBRD agree to work on energy reform

The Government of Tajikistan and the EBRD signed a Memorandum of Understanding (MoU) detailing the reform agenda which is the precondition to the financing of the landmark regional electricity transmission project, known as CASA 1000.

ADB provides $197 million to develop highway in Balochistan

The Asian Development Bank (ADB) and the Government of Pakistan signed a $197 million loan to upgrade a national highway in Balochistan province.

ADB, Azerbaijan sign a $1 billion MOU to upgrade power distribution network

The Asian Development Bank (ADB) and Government of Azerbaijan have signed a Memorandum of Understanding for a $1 billion investment program to rehabilitate and expand the country’s power distribution network.

Logistics centers can become hubs of freight activity in PRC

Market-based logistics centers linking rails, flights, ships and other modes of transportation can facilitate the storage, handling, and movement of the People's Republic of China’s (PRC's) containerized freight, more effectively connecting PRC’s local markets with the rest of the world, according to a new World Bank research paper.

World Bank country manager for Tajikistan visits projects in Sughd Oblast

World Bank Country Manager for Tajikistan Patricia Veevers-Carter visited the northern Sughd Oblast of Tajikistan to discuss with local authorities and beneficiaries the progress of the World Bank Group financed projects in agriculture, health, education, social protection, transportation and private sector development.

ADB annual meeting in Baku to focus on partnership for development

About 3,000 government officials, business leaders, investors, journalists, and representatives from civil society will gather on 2-5 May at the Heydar Aliyev Center in Baku, Azerbaijan, for the Asian Development Bank’s (ADB) 48th Annual Meeting of its Board of Governors.