News

ADB to extend $500 million to Georgia for seven-year road upgrade program

ADB is extending up to $500 million to Georgia to support a major overhaul of vital link-roads between Central Asia and the Caucasus.

World Bank supports improved and increased supply of electricity to southern regions of Kazakhstan

The World Bank Board of Directors approved a $48 million loan for the Kazakhstan Moinak Electricity Transmission Project, which will help to increase and improve the supply of electricity to households and business enterprises in an economically and environmentally sustainable manner in southern regions of Kazakhstan.

ADB to help Georgia improve urban transport

ADB is providing a $30 million loan to finance infrastructure repairs and upgrades in selected urban municipalities in Georgia which have been hard hit by the global economic crisis and conflict with the Russian Federation.

Mongolia gets ADB, Korea support to improve maintenance, safety of roads

A $500,000 technical assistance grant from the Asian Development Bank (ADB) will help the Government of Mongolia overhaul the management of its poorly maintained network of roads.

ADB extends $50 million to improve key road corridor in Kyrgyz Republic

The Asian Development Bank (ADB) is extending $50 million to the Kyrgyz Republic to continue upgrading a major transport corridor that supports the livelihoods of over half a million people and is the country's main trading link with the People's Republic of China (PRC).

PRC’s Xinjiang region gets $100 million ADB loan to improve roads, environment

Xinjiang, a poor region in northwest People's Republic of China (PRC), will receive a $100 million loan for urban living improvements designed to spur sustainable growth and improve the environment.

World Bank approves additional financing for Azerbaijan’s Highway Program

The World Bank approved a $62 million equivalent IDA Credit and $113 million IBRD loan to the Republic of Azerbaijan as additional financing for the Second Highway Project.

New transmission line brings stable power supply to Kabul for first time in decades

For the first time in decades, Kabul is receiving a steady supply of electricity thanks to a major new transmission line linking Afghanistan's capital with neighboring Uzbekistan.

World Bank supports improved transport efficiency and safety in Kazakhstan

The World Bank Board of Directors approved a $2.125 billion loan for the Kazakhstan South-West Roads Project to help upgrade the trade route linking China to Russia and Western Europe through Kazakhstan, bringing a helpful economic stimulus to some of Kazakhstan’s poorest provinces.

Boost for Afghan plan to develop railway system

Afghanistan's push to develop a railway system that will spur economic growth and make the country a key transit and trade route within Asia is to receive support from the Asian Development Bank (ADB).