News

World Bank continues to support upgrading Georgia’s major transport route

The World Bank Board of Executive Directors approved today a $75 million equivalent financing for the Fourth East-West Highway Improvement Project (EWHIP4) for Georgia. This is the latest in a series of investments aimed at upgrading the E60 Highway, Georgia’s key transport corridor.

World Bank helps reduce energy losses in the Uzbekistan’s capital city and two regions

The World Bank and the Government of Uzbekistan signed a $180 million loan to the Republic of Uzbekistan for Advanced Electricity Metering Project. The Project’s objective is to reduce commercial losses of three regional power distribution companies in Tashkent, and the Tashkent and Syrdarya Regions (Oblasts).

World Bank vice president Laura Tuck visits the Kyrgyz Republic

Laura Tuck, World Bank Vice President for Europe and Central Asia, completed her visit to the Kyrgyz Republic. The aim of her visit was to discuss with the country’s leadership the ongoing partnership between the World Bank and the Kyrgyz Republic.

Government of Afghanistan signs $250 million grant with the World Bank to strengthen village–level governance and improve rural infrastructure

A $250 million grant, to finance the on-going third phase of the National Solidarity Program (NSP III) of the government of Afghanistan, was signed between the Ministry of Finance and the World Bank.

Road safety audits can improve road safety

With the People's Republic of China’s rapidly expanding road networks and a growing concern for road safety on both new and existing road projects, well-executed road safety audits can help improve road safety and reduce the number and seriousness of car accidents at a low cost to benefit ratio, says a new World Bank paper.

Government of Afghanistan signs $125 million grant with the World Bank to improve rural roads

Afghanistan’s Ministry of Finance and the World Bank signed a $125 million grant from the World Bank’s International Development Association to finance the improvement and maintenance of secondary and tertiary rural roads as well as the construction of bridges, together with support for implementation and capacity building activities.

World Bank Group provided over $10.4 billion to Emerging Europe and Central Asia

The World Bank Group provided $10.47 billion in funding to governments in Emerging Europe and Central Asia in fiscal year 2012, which ended on June 30, amid uncertainty in the Eurozone and modest growth.

Nearly 1.5 million rural residents in Azerbaijan to benefit from improved infrastructure and better social services

The World Bank’s Board of Executive Directors approved a $30 million loan for the Second Rural Investment Project in Azerbaijan (AzRIP-2). The goal of the project is to improve access to community-driven rural infrastructure and expand economic activities for rural households.

World Bank supports Georgia’s economic development with additional financing for the Third East-West Highway Improvement Project

The World Bank Board of Executive Directors approved $43 million International Development Association Additional Financing for the Third East-West Highway Improvement Project for Georgia. This was the third in a series of investments aimed at upgrading the E60 Highway, Georgia’s key transport corridor.

Railway communications for the development of trade relations of Kyrgyz Republic

A joint conference was held by the Ministry of Transport and Communications and the World Bank to discuss issues of the railway sector of the Kyrgyz Republic. The aim of the event was to convene members of the expert group for the development of railway construction projects, specifically for the preparation of the proposed new rail link between the People's Republic of China and Uzbekistan through the territory of the Kyrgyz Republic.