News

World Bank continues to support better roads in Georgia

The World Bank Board of Executive Directors approved an International Bank for Reconstruction and Development loan in the amount of $40 million to Georgia for the Secondary Road Asset Management Project.

Containers on rail: PRC’s next big opportunity in supply chain logistics

The transportation of containers by rail could grow substantially in the People's Republic of China, especially if the nation continues adopting the kind of operating practices and regulatory reforms that have boosted the development of the North American rail network, according to a new World Bank research paper.

Japan $3 million grant to support Afghanistan road corridor upgrade

The Government of Japan has approved a $3 million grant to Afghanistan for a project which will improve the country’s main north-south road corridor transport route.

World Bank invests in Tajikistan’s regional transport connectivity

The World Bank Group’s Board of Executive Directors approved an allocation of $45 million equivalent to finance the second phase of the transformative Central Asia Road Links Program, to be implemented in Tajikistan in 2015-2020.

7.6 million people in Uzbekistan will benefit from better inter-regional accessibility by railway link

The World Bank’s Board of Executive Directors approved a $195 million IBRD loan for the Pap-Angren Railway Project in Uzbekistan. The project will help improve transport connectivity in the Ferghana Valley by enhancing the efficiency of transport services into and out of the Uzbekistan part of the Valley.

ADB provides $130 million to boost Afghanistan transport network

The Asian Development Bank (ADB) and Government of Afghanistan signed two grant agreements worth $130 million to finance a new road link that will open up an east-west trade corridor with Tajikistan and beyond.

World Bank supports energy sector development in the Kyrgyz Republic

The World Bank’s Board of Executive Directors approved a $24 million Energy Sector Development Policy Operation for the Kyrgyz Republic. The operation will support the Kyrgyz Republic’s reforms aimed at long-term energy supply reliability, through a single tranche of a highly concessional credit of $13.2 million and a grant of $10.8 million to be paid directly to the Kyrgyz budget.

World Bank supports energy sector development in the Kyrgyz Republic

The World Bank’s Board of Executive Directors approved a $24 million Energy Sector Development Policy Operation for the Kyrgyz Republic.

ADB increases country allocation to Tajikistan by $20 million in 2015

The Asian Development Bank (ADB) has agreed to boost its assistance to Tajikistan by around $20 million in 2015, raising its full year planned assistance program to $79 million.

Additional financing to improve road connectivity in Kyrgyz Republic

The Asian Development Bank (ADB) and the Kyrgyz Republic signed around $15 million in additional ADB loan and grant financing for a project to improve national roads that are a key part of a strategic regional road corridor.