News

ADB helps improve living vonditions in PRC’s poor northwest

The Asian Development Bank (ADB) is providing a $100 million loan to build new urban infrastructure that will improve living conditions and support the growth of tourism in five remote counties in northwest People's Republic of China.

EBRD finances energy distribution system in Tajikistan

The European Bank for Reconstruction and Development (EBRD) is helping to modernize the distribution of electricity in Tajikistan with a loan that will improve energy efficiency in the power system and enhance power services to customers.

CAREC 2020: Boosting trade, transport, and energy in Central Asia

Senior officials from the 10 member countries of the Central Asia Regional Economic Cooperation (CAREC) Program, met today in Baku, Azerbaijan, and moved towards completing a strategic framework that over the next decade will help further develop regional transport networks, boost regional trade, and help secure reliable, efficient energy.

$55 million ADB loan for CAREC highway linking Kyrgyz Republic and PRC

The Asian Development Bank (ADB) has approved a $55 million loan to finance improvements to a key highway connecting the Kyrgyz Republic with the People's Republic of China (PRC).

CAREC 2020: Boosting trade, transport, and energy in Central Asia

Senior officials from the 10 member countries of the Central Asia Regional Economic Cooperation (CAREC) Program, met in Baku, Azerbaijan, and moved towards completing a strategic framework that over the next decade will help further develop regional transport networks, boost regional trade, and help secure reliable, efficient energy.

EBRD finances power transmission in Kazakhstan

The EBRD is helping to modernize the transmission of electricity in Kazakhstan with a loan that will improve energy efficiency in the system and increase electricity transmission capacities.

PRC: World Bank supports integrated district heating project to improve air quality for 2.3 million Urumqi residents

The World Bank Board approved a $100 million loan to help two districts in Urumqi with access to more energy efficient and environmental friendly district heating services.

EBRD supports energy efficiency plan for Kazakh Railways

The European Bank for Reconstruction and Development has teamed up with Kazakhstan’s railway authorities with an accord to promote energy efficiency activities across the country’s railways network.

World Bank supports integrated district heating project to improve air quality for 2.3 million Urumqi residents

The World Bank Board approved a $100 million loan to help two districts in Urumqi with access to more energy efficient and environmental friendly district heating services.

EBRD extends trade finance facility to VTB Kazakhstan

The European Bank for Reconstruction and Development (EBRD) is stepping up its support to Kazakhstan’s exporters and importers with a new $20 million trade finance guarantee facility to VTB Kazakhstan, a subsidiary of OJSC Bank VTB of Russia, to facilitate the financing of foreign trade at a time when lending to the real economy remains limited.