[Project Results] Azerbaijan: Shah Deniz Gas Field Expansion This project involves a $500 million direct nonsovereign loan and a $500 million partial credit guarantee with a sovereign guarantee that would help the government to continue the development of one of its largest revenue-generating assets in challenging times globally for oil and gas investments.
Access to All-Weather Road Allows Afghan Valley Residents to Flourish The rehabilitation of a major rural road has opened up a valley in Panjshir Province, giving inhabitants greater access to markets, health facilities, schools, and travel.
Tourism: Georgian youth’s big hope for the future If the tourism industry becomes truly sustainable, Georgian youth will have a reason to stay in their regions, or even return to them from Tbilisi.
Providing Clean Water, Fulfilling People’s Dreams in Villages of Kyrgyz Republic The village of Chook, nestled deep in the Kyrgyz part of the Ferghana Valley, is surrounded by hills and yellow-green strips of cultivated land. A significant number of local people have left for Russia and Kazakhstan, from where they now provide for their families back home. Those who have stayed in the village – like the family of Gulkan and Joldoshbay – grow wheat and cotton on their land plots.
New logo highlights open, inclusive CAREC Program under CAREC 2030 The new logo better reflects CAREC’s enhanced mandate to serve as an open and inclusive platform for all stakeholders, including multilateral and bilateral donors, think tanks, private sector, and civil society, among others.
Infrastructure Drives ADB Strategy in Afghanistan After decades of conflict, Afghanistan continues to face a severe infrastructure deficit. ADB’s new country strategy focuses on energy, transport, and agriculture and natural resources.
Working together in Central and West Asia The CAREC program has financed roads, railways, and energy infrastructure across Central and West Asia. Its new strategy will build on this success and take the program in new directions.
Building a Diversified and Sustainable Economy in Kazakhstan ADB expects to provide $3 billion in assistance to Kazakhstan in 2017-2021 to support the country’s ambition to be a top 30 global economy by 2050.
Afghanistan: Rehabilitated Roads Revive Kabul Businesses and Ease Transportation Woes The rehabilitation of major roads and their surroundings in Kabul city has resulted in more modern, clean, and attractive spaces breathing new life into surrounding neighborhoods.
It’s Time for Rail Systems to Lead Central Asia’s Growing Cross-Border Trade The CAREC Program is helping countries in the region link rail systems by upgrading infrastructure and tackling complex commercial and legal challenges.