News

EBRD invests in energy reform and transmission system upgrade in Tajikistan

The EBRD is providing a $110 million loan to national power utility of Tajikistan, Barki Tojik to finance construction of the power converter station and related infrastructure in Tajikistan, as part of the high-voltage transmission line project Central Asia South Asia Electricity Transmission and Trade, otherwise known as CASA-1000.

EBRD moves to new address in Astana, Kazakhstan

The EBRD’s team in Astana, the capital of Kazakhstan, has moved to new offices, which highlights growing EBRD investment in the country.

Georgia power reforms support economic growth – ADB report

Georgia’s power sector reforms over the past two decades have resulted in a dramatic turnaround in service and efficiency, which has helped support a resurgence of economic growth, says a new Asian Development Bank (ADB) report.

ADB loan to improve urban services, connectivity in Xinjiang border area

The Asian Development Bank (ADB) has approved a $150 million loan for infrastructure and service upgrades that will help lift living standards, improve the environment, and boost trade opportunities for urban centers in the northwest Xinjiang Uygur Autonomous Region, People’s Republic of China.

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.