News

ADB loan to establish ‘one-stop shops’ for horticulture product processing, storage, and distribution in Uzbekistan

The Asian Development Bank (ADB) has approved a $197 million loan to expand its support to Uzbekistan’s horticulture sector by establishing agro-logistic centers in the regions of Andijan and Samarkand to improve processing, storage, quality assurance, shipping, and distribution of horticultural products.

ADB signs $500 million loan to strengthen Turkmenistan’s electricity supply, boost regional power trade

The Asian Development Bank (ADB) and the Government of Turkmenistan signed a $500 million loan to strengthen Turkmenistan’s transmission network, improve the reliability of the country’s power supply, and increase electricity exports to neighboring countries. The signing was conducted at the sidelines of the 17th Ministerial Conference on CAREC held in Ashgabat, Turkmenistan.

ADB President reaffirms support to CAREC at 17th Ministerial Conference

Asian Development Bank President Takehiko Nakao reaffirmed ADB’s support for CAREC and announced $2 billion in new assistance for regional projects in CAREC countries in 2018.

$500 million ADB loan to strengthen Turkmenistan’s electricity supply, boost regional power trade

The Asian Development Bank’s (ADB) Board of Directors has approved a $500 million loan to reinforce Turkmenistan’s transmission network, improve the reliability of the country’s power supply, and increase electricity exports to neighboring countries.

ADB provides $78 million to improve regional road transport links in Kyrgyz Republic

The Asian Development Bank’s Board of Directors has approved a total of $78 million to complete the rehabilitation of a road that connects two major transport corridors linking the landlocked country to international markets.

ADB supports new road project to improve connectivity in Afghanistan

Afghanistan President Mohammad Ashraf Ghani inaugurated the first phase of a 51-kilometer road section connecting Jabul Saraj to Nijrab road in Parwan province, which is supported by the Asian Development Bank (ADB).

ADB affirms support for Pakistan’s development agenda

Asian Development Bank (ADB) Vice-President Wencai Zhang affirmed ADB’s support for the Government of Pakistan’s new development and reform agenda during his 2-day visit to the country.

ADB grant supports Tajikistan’s efforts in disaster risk management

The Board of Directors of the Asian Development Bank (ADB) has approved a $10 million grant to help Tajikistan prepare and respond to natural hazards and climate change, and reduce the impact of disasters on the people.

ADB approves new partnership strategy for Kyrgyz Republic

The Asian Development Bank's Board of Directors has endorsed a new 5-year country partnership strategy to promote sustainable economic growth, leverage regional cooperation to reap the benefits of access to larger markets, and improve the quality of life in the Kyrgyz Republic.

The CASA-1000 project crosses another important milestone

By putting in place the commercial and institutional arrangements and the transmission infrastructure, the World Bank Group-supported Central Asia-South Asia Regional Electricity and Trade Project (CASA-1000) is the first step toward creating the Central Asia-South Asia Regional Electricity Market (CASAREM).