News

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.

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.