News

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).

ADB, Pakistan outline strategic priorities in five-year plan

The Asian Development Bank and the Government of Pakistan have designed a major new strategic partnership aimed at promoting inclusive and sustainable economic growth through structural reforms and investment in the energy and infrastructure sectors.

PRC must balance transport growth with environmental sustainability, says ADB

The rapid rollout of transport infrastructure in the People's Republic of China (PRC) has been at the heart of its economic success but it now needs to place more emphasis on environmentally sustainable transport systems that can help cut the country's heavy reliance on oil, says a new publication from the Asian Development Bank (ADB).

Improved transport links help Azerbaijan on the road to recovery

A rehabilitated East-West corridor has a vital role as Azerbaijan develops a fledgling non-oil industrial base that was wrecked after markets vanished along with the disintegration of the former Soviet Union.

ADB provides $2.8M to strengthen PRC’s energy sector

The People's Republic of China's (PRC) push to make its energy sector cleaner and more efficient is to receive increased support from the Asian Development Bank (ADB)