World Bank and UN partners boost action on road safety The World Bank hosted the 15th UN Collaboration on Road Safety meeting in Washington, DC on April 16-17 aimed at strengthening efforts to support road safety action in the developing world ahead of a UN General Assembly debate on road safety on April 19.
ADB financing brings commercial loans to Uzbekistan’s natural gas sector The Asian Development Bank is providing a $100 million loan and $200 million political risk guarantee for the development of a natural gas field project in Uzbekistan's southwest.
World Bank approves over $1 billion to boost electricity supply and improve irrigated agriculture in Pakistan The Tarbela IV Extension Hydropower Project will add power generation capacity of 1,410 megawatts, and the Punjab Irrigated Agriculture Productivity Improvement Project is geared toward maximizing water use efficiency for increased yield per unit of water.
New railway line to shorten travel time to Inner Mongolia The World Bank Board of Executive Directors approved a loan of $200 million to the People’s Republic of China to help finance construction of the ZhangHu Railway to improve accessibility and mobility of China’s Inner Mongolia Autonomous Region.
New railway line to shorten travel time to Inner Mongolia The World Bank Board of Executive Directors approved a loan of $200 million to the People’s Republic of China to help finance construction of the ZhangHu Railway to improve accessibility and mobility of China’s Inner Mongolia Autonomous Region.
ADB and Uzbekistan sign loan agreements worth $508 million The President of the Asian Development Bank Haruhiko Kuroda signed loan agreements on rural housing, railway electrification, electricity metering, and water supply and sanitation for a total amount of $508 million.
ADB helps Uzbekistan establish solar energy institute The International Solar Energy Institute is envisioned to become an internationally recognized source of expertise for solar energy education, training and technology. Its applied research will bring innovation, promote technology transfer and spur efficient and economic solar technology use
ADB-funded road program to spur growth, development in West Mongolia The Asian Development Bank (ADB) has approved a financing facility of up to $170 million for road improvements along a transport corridor in western Mongolia that will help reduce the region's isolation and spur development in one of the country's poorest areas.
Development partners commit to support CAREC 2020 Ministers and senior representatives of development agencies met in Baku, Azerbaijan to discuss support for the new 10-year strategy for the Central Asia Regional Economic Cooperation (CAREC) Program.
Regional cooperation on track as CAREC endorses 10-year strategy Ministers from the 10-country Central Asia Regional Economic Cooperation (CAREC) Program endorsed CAREC 2020, a framework for intensified regional cooperation that promises to build on the program's first decade of achievement.