News

New regional transport strategy to drive sustainable development for CAREC region

Ministers from the 11 members of the CAREC Program have endorsed a new strategy designed to improve multimodal transport infrastructure and operations in the region, resulting in greater social and economic development in the next decade.

New regional energy strategy maps path to secure energy future for CAREC region

Ministers from the 11 members of the CAREC Program have endorsed a new long-term strategy to improve energy security, increase investment, and improve the sustainability of energy systems in the region, setting it on a path toward achieving a secure energy future.

ADB President confirms support for expanded agenda of CAREC at 18th Ministerial Conference

In his remarks, Asian Development Bank (ADB) President Takehiko Nakao emphasized ADB’s support for CAREC member countries and its ongoing commitment to regional cooperation and integration

ADB President visits Uzbekistan to strengthen partnership

Asian Development Bank (ADB) President Takehiko Nakao met with the President of Uzbekistan Shavkat Mirziyoyev and both agreed to further strengthen the almost 25-year partnership between ADB and Uzbekistan.

ADB to help improve rural water supply, sanitation in Kyrgyz Republic

The Asian Development Bank (ADB) has approved a $27.4 million financing package to provide safe and reliable water supply and sanitation services to more than 64,000 people living in a mountainous rural area of the Kyrgyz Republic.

New ADB country director for Mongolia assumes office

The Asian Development Bank (ADB) has appointed Pavit Ramachandran as its new country director for Mongolia.

ADB, Kyrgyz Republic sign agreement to complete Uch-Kurgan hydropower plant upgrade

The Asian Development Bank and the Government of the Kyrgyz Republic have signed a $100 million financing package to modernize aging equipment and improve power generation capacity at the Uch-Kurgan hydropower plant (HPP), the oldest of the six HPPs installed along the Naryn river cascade in the Kyrgyz Republic.

EBRD opens second office in Uzbekistan

The EBRD is expanding its regional presence in Central Asia’s most populated region by opening an office in Andijan, one of the largest municipalities in east Uzbekistan.

Doing Business 2020 records important results in Tajikistan’s emergent reform program to improve the business climate

The World Bank Group’s Doing Business 2020 report has recorded three related reforms in the past year, earning Tajikistan a spot among the world’s top 10 most improved economies for ease of doing business.

Doing Business 2020: Reforms propel Uzbekistan to place among world’s Top 20 business climate improvers

Uzbekistan undertook four key business climate reforms in the past year and earned a spot among the world’s top twenty most improved economies for ease of doing business, according to the World Bank Group’s Doing Business 2020 study.