ADB supports forum to promote investment in Georgia The Asian Development Bank and the Government of Georgia opened the inaugural international investment forum—"Georgia – Regional Hub and Asia's Gateway to Europe"—to promote the country as an attractive investment destination.
World Bank Group’s managing director visits Kazakhstan, discusses development priorities and enhanced collaboration The World Bank Group’s Managing Director and Chief Operating Officer, Sri Mulyani Indrawati, paid an official visit to Kazakhstan. The main goal of the visit was to discuss the World Bank Group enhanced collaboration with Kazakhstan under the new Partnership Framework Arrangement signed in May 2014.
[INFOGRAPHIC] Kyrgyz Republic and ADB: A bright future for the heart of Central Asia Over 20 years of partnership with the Kyrgyz Republic, ADB has helped to ensure the reliability of electricity services, provide people with employable skills, and enhance the country's transport and communications network.
ADB $40 million grant for flood reconstruction in northern Afghanistan The Asian Development Bank (ADB) is providing a $40 million emergency assistance grant to assist with the reconstruction of irrigation and rural road infrastructure at 15 provinces in northern Afghanistan that suffered heavy damage from severe flooding earlier this year.
EBRD co-hosts first ever Tajikistan foreign investment conference Tajikistan invited foreign and local investors, top government representatives and international financial institutions to participate in this week’s first ever Tajikistan Economic and Investment Forum in a demonstration of its growing integration with the global economy.
EBRD and Muganbank to boost energy efficiency in Azerbaijan The European Bank for Reconstruction and Development (EBRD) is lending $3 million to Muganbank to finance energy efficiency projects in the country. The facility is provided for on-lending to qualifying corporate and individual customers, and will be used for energy efficiency and renewable energy projects.
EBRD lends 30 billion tenge to Kazakhstan’s national railway company The European Bank for Reconstruction and Development (EBRD) is stepping up its efforts to support the private sector in Kazakhstan by providing a financing package equivalent to $30 million for one of the largest private railway operators in the country, Eastcomtrans LLP.
ADB, Azerbaijan partnership to promote new economic opportunities and inclusive growth The Asian Development Bank (ADB) and the Government of Azerbaijan have agreed to a country partnership strategy for 2014-2018 to help diversify the economy and foster new economic opportunities, promote inclusive growth, and reduce urban-rural disparities.
ADB president reaffirms support for Pakistan’s development and flood reconstruction Asian Development Bank (ADB) President Takehiko Nakao met with Pakistan Prime Minister Mian Muhammad Nawaz Sharif to discuss ADB’s partnership with Pakistan and the country’s development opportunities.
EBRD invests in hydropower in Tajikistan Harnessing the potential of hydropower has, for decades, been behind the construction of hydroelectric power plants in the EBRD region. This was especially true in Central Asia where the annual thaw in the Pamir and Tian Shan mountains was the spur for major projects in Soviet times.
