ADB provides additional financing to improve roads in Khyber Pakhtunkhwa The Asian Development Bank (ADB) has approved a $75 million loan as additional financing for a project that aims to improve road conditions, capacity, and road safety on provincial roads in Khyber Pakhtunkhwa in Pakistan. The additional funding will widen and enhance 42 kilometers of the total length (53.9 km) of the chronically congested and unsafe Mardan–Swabi road.
ADB plans over $300 million to support Tajikistan’s development in 2019–2021 The Asian Development Bank’s (ADB) updated 2019–2021 country program for Tajikistan focuses on supporting road and energy development, private sector development, education and healthcare improvement, food security, and municipal infrastructure.
ADB President reaffirms support to CAREC at 17th Ministerial Conference Asian Development Bank President Takehiko Nakao reaffirmed ADB’s support for CAREC and announced $2 billion in new assistance for regional projects in CAREC countries in 2018.
ADB provides $78 million to improve regional road transport links in Kyrgyz Republic The Asian Development Bank’s Board of Directors has approved a total of $78 million to complete the rehabilitation of a road that connects two major transport corridors linking the landlocked country to international markets.
ADB supports new road project to improve connectivity in Afghanistan Afghanistan President Mohammad Ashraf Ghani inaugurated the first phase of a 51-kilometer road section connecting Jabul Saraj to Nijrab road in Parwan province, which is supported by the Asian Development Bank (ADB).
Kyrgyz Republic to increase regional connectivity and boost tourism in prime visitor area, with World Bank support About 2.5 million people are expected to benefit from local integrated development and the promotion of sustainable tourism in Issyk-Kul Oblast, thanks to a new phase of the Central Asia Regional Links Program.
ADB affirms support for Pakistan’s development agenda Asian Development Bank (ADB) Vice-President Wencai Zhang affirmed ADB’s support for the Government of Pakistan’s new development and reform agenda during his 2-day visit to the country.
ADB approves new partnership strategy for Kyrgyz Republic The Asian Development Bank's Board of Directors has endorsed a new 5-year country partnership strategy to promote sustainable economic growth, leverage regional cooperation to reap the benefits of access to larger markets, and improve the quality of life in the Kyrgyz Republic.
Experts discuss bridging funding gap for Asia’s $8.4 trillion transport needs Meeting Asia and the Pacific’s transport needs will require $8.4 trillion in financing by 2030, said Asian Development Bank (ADB) President Takehiko Nakao.
CAREC countries discuss transport partnership in Ashgabat CFCFA members and development partners meet to discuss issues of increasing the volume of trade, passenger and cargo transportation between CAREC countries, as well as to present transport development projects in the region.