Features

ADB Signs MOU with AIIB, Azerbaijan, Kazakhstan, and Uzbekistan to Support Feasibility Study for Caspian Green Energy Corridor

BAKU, AZERBAIJAN (5 April 2025) — The Asian Development Bank (ADB), the Asian Infrastructure Investment Bank (AIIB), and the energy ministries of Azerbaijan, Kazakhstan, and Uzbekistan today signed a Memorandum of Understanding (MOU) to support the Feasibility Study for the Caspian Green Energy Corridor Project. The initiative is part of ADB’s regional technical assistance for the project.

ADB participates at Prime Ministers’ Meeting on ABEC’s 10th Anniversary

The 10th anniversary of the Almaty-Bishkek Economic Corridor (ABEC) was highlighted during the 12th Kyrgyz-Kazakh Intergovernmental Council Meeting held from 3 to 4 December in Bishkek, Kyrgyz Republic. The Chair of the Cabinet of Ministers and Head of the Administration of the President of the Kyrgyz Republic Akylbek Japarov and Kazakhstan Prime Minister Olzhas Bektenov […]

Almaty-Bishkek Economic Corridor Connectivity Projects Advanced

On 3 November 2025, the Kyrgyz-Kazakh Connectivity Working Group discussed the draft feasibility study for the Almaty-Issyk-Kul alternative road project, the legal and financial structure of the Almaty–Bishkek E-Bus Project, and the implementation of the ABEC RIBS project. Mr. Bekzhan Rysmendeev, Deputy Minister of Transport and Communication of the Kyrgyz Republic, and Mr. Zhambyl Baktiyar, […]

Why Regional Trade Matters More Than Ever for Central Asia

In an era of shifting supply chains and rising uncertainty, regional trade offers Central Asia a path to resilience, scale, and growth through deeper integration. Click to read more.

ADB President Visits Uzbekistan to Strengthen Partnership, Celebrate 30 Years of Cooperation

Asian Development Bank (ADB) President Masato Kanda met today with Uzbekistan President Shavkat Mirziyoyev to reaffirm the strength of ADB’s partnership with the Republic of Uzbekistan and to commemorate 30 years of development cooperation.

EBRD finances the largest battery energy storage system in Central Asia

The European Bank for Reconstruction and Development (EBRD) is contributing to Uzbekistan’s objective of developing up to 25 GW of solar and wind capacity by 2030, by organising a facility of up to US$ 229.4 million for the development, design, construction and operation of a 500 MWh battery energy storage system (BESS) and a 200 MW solar photovoltaic power plant in the country’s Tashkent region.

EBRD finances upgrade of key road in Uzbekistan

The European Bank for Reconstruction and Development (EBRD) is contributing to the development of sustainable transport connections in Central Asia by financing the upgrade and expansion of a key transportation route in Uzbekistan.

AIIB, Uzbekistan Sign USD108-M Loan to Improve Rail Transport Connectivity

The Asian Infrastructure Investment Bank (AIIB) and the Republic of Uzbekistan have signed a USD108-million loan to electrify the Bukhara-Miskin-Urgench-Khiva railway line.

ADB Approves First Health Sector Project in Turkmenistan

The Asian Development Bank (ADB) has approved a $75 million equivalent loan and a $2 million grant from the Japan Fund for Prosperous and Resilient Asia and the Pacific (JFPR) to increase the quantity and improve the quality of nurses and midwives in Turkmenistan.

Additional ADB Grant to Strengthen Energy Security in Central Asia

The Asian Development Bank (ADB) has approved additional grant financing of $15 million to help Tajikistan scale up an ongoing project to reconnect the country’s power system to the Central Asian Power System (CAPS) through interconnections with neighboring Uzbekistan.