World Customs Organization, ADB boost partnership for trade facilitation Asian Development Bank (ADB) President Haruhiko Kuroda and Kunio Mikuriya, Secretary General of the World Customs Organization (WCO), signed a Memorandum of Understanding (MOU) to strengthen the strategic partnership between their two organizations to facilitate trade in Asia and the Pacific.
ADB signs first trade finance agreements in Uzbekistan The Asian Development Bank (ADB) signed trade finance agreements with three banks in Uzbekistan. The agreements with Agrobank, Asaka Bank, and Hamkorbank are ADB's first such agreements in the Central Asian country.
ADB signs $350 million loan to help Uzbekistan boost energy efficiency Asian Development Bank (ADB) President Haruhiko Kuroda signed a $350 million loan agreement to boost the efficiency of Uzbekistan's electricity supply through the construction of a new combined cycle gas turbine.
ADB expands trade finance program in Azerbaijan Five banks in Azerbaijan signed trade finance agreements with the Asian Development Bank (ADB), a move that will help local companies conduct more international trade and become more closely integrated into regional and global business networks.
ADB to help Uzbekistan build efficient and clean power plant The Asian Development Bank's (ADB) Board of Directors approved financing totaling $350 million to improve energy security and energy efficiency in Uzbekistan.
ADB to provide $600 million to improve key Uzbekistan road corridor A key highway in Uzbekistan linking the Central Asian country to its neighbors is getting support from a $600 million Asian Development Bank (ADB) multitranche financing facility.
How CAREC stands to build a prosperous Central Asia Nowadays trade, transport and energy relations play an important role in the regional cooperation and economic development of the countries. Asian Development Bank (ADB) pays serious attention to the regional cooperation.
Kazakhstan’s Rail Sector The EBRD is providing a $50 million loan to Kaztemirtrans, a subsidiary of the Kazakhstan’s national rail network operator Kazakhstan Temir Zholy (KTZ), to finance the renewal of the company’s rolling stock.
Energy Project scale-up to improve delivery of electricity in Mongolia The World Bank’s Board of Executive Directors approved a $12 million scale up of a successful Mongolian energy project. The Energy Project, which was first introduced in 2001, was instrumental in improving the financial sustainability of the energy sector by reducing losses and improving revenue collection in Ulaanbaatar and 9 aimag (provincial) centers in Mongolia.
Uzbekistan workshop assesses climate change risk to Energy Sector In the coming decades, Uzbekistan is projected to face rising average temperatures, increasing risk of heat waves, greater warming in summer months, as well as changing precipitation, leading to more floods and droughts.
