News

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.

Reforms can accelerate economic diversification in Kazakhstan — ADB

Kazakhstan’s future growth depends on reforms that provide a level playing field for the private sector and support economic diversification, according to a new Asian Development Bank (ADB) Country Diagnostic Study.

ADB, Tajikistan celebrate 20 years of development partnership

Asian Development Bank (ADB) Vice-President Wencai Zhang reiterated ADB’s support to Tajikistan’s development agenda, as the country strives to achieve inclusive and sustainable growth.

ADB President visits Georgia, reaffirms commitment to expand partnership

During his visit, Asian Development Bank (ADB) President Takehiko Nakao announced that ADB plans to mobilize over $1.2 billion in financing during 2019–2021, including support for two flagship projects of the government: the development of the East–West and the North–South transport and economic corridors. (Photo credit: ADB)

EBRD deepens cooperation with Kazakhstan

Deepening the EBRD’s engagement with Kazakhstan, the bank's new First Vice President Jürgen Rigterink is scheduled to visit the country for meetings with the authorities and businesses, to sign new investment projects, and head a prominent delegation at the Global Challenges Summit in the capital Astana from 17 to 19 May.

Opening Remarks at the CAREC High-Level Session on New Opportunities for Regional Cooperation – Wencai Zhang

Opening remarks by ADB Vice-President Wencai Zhang at the CAREC High-Level Session on New Opportunities for Regional Cooperation: The Potential of CAREC–BRI Collaboration at the 51st ADB Annual Meeting on 3 May 2018 in Manila, Philippines.

ADB seminar furthers potential of broader CAREC–BRI collaboration

CAREC member countries can capitalize on new regional and international development dynamics, including the Belt and Road Initiative (BRI), to strengthen regional infrastructure, boost trade, and reduce poverty, according to participants at a high-level Asian Development Bank (ADB) seminar.

ADB grant to further improve transport connectivity and safety in Tajikistan

The Asian Development Bank’s Board of Directors has approved a $90 million grant as additional financing for the rehabilitation of a 40-kilometer section of the Dushanbe and Kurgonteppa road to improve connectivity between two major cities and economic hubs in Tajikistan and enhance the safety of the country’s highway network. (Photo credit: ADB)

Energy, transport lead the way as performance of 2017 ADB-funded projects in Tajikistan remains strong

Energy and transport sectors remained the largest recipients of the Asian Development Bank financing in 2017 in Tajikistan, accounting for 48.3% and 31.7%, respectively, of all projects under implementation,

Pakistan launches expressway as part of ADB, DFID-supported economic corridors program

The E-35, also known as the Hazara Expressway, is part of the ADB/DFID’s Pakistan Economic Corridors Program to promote regional trade and economic growth in the country. The two institutions cofinanced the construction of the expressway for a total amount of $327 million.