News

Regional cooperation on track as CAREC endorses 10-year strategy

Ministers from the 10-country Central Asia Regional Economic Cooperation (CAREC) Program endorsed CAREC 2020, a framework for intensified regional cooperation that promises to build on the program's first decade of achievement.

CAREC ministers celebrate a decade of cooperation

Next week in Baku, Azerbaijan, ministers from 10 countries spanning the Caucuses, and Central, East and South Asia will gather to mark a decade of achievement, including $17 billion of investments in energy, trade and transportation under the Central Asia Regional Economic Cooperation (CAREC) Program.

EBRD and Kazakhstan support emergency response for oil and gas operations

The European Bank for Reconstruction and Development has teamed up with Kazakhstan’s Ministry for Emergency Situations with an agreement to develop large-scale emergency response capacity for offshore oil & gas projects, modernize crisis management centers, and develop effective international emergency coordination.

ADB funds smart electricity meters to boost energy efficiency in Uzbekistan

The Asian Development Bank (ADB) is financing 'smart' electricity meters for Uzbekistan to help the energy-intensive Central Asian nation use its power resources more efficiently.

ADB helps improve living vonditions in PRC’s poor northwest

The Asian Development Bank (ADB) is providing a $100 million loan to build new urban infrastructure that will improve living conditions and support the growth of tourism in five remote counties in northwest People's Republic of China.

EBRD finances energy distribution system in Tajikistan

The European Bank for Reconstruction and Development (EBRD) is helping to modernize the distribution of electricity in Tajikistan with a loan that will improve energy efficiency in the power system and enhance power services to customers.

CAREC 2020: Boosting trade, transport, and energy in Central Asia

Senior officials from the 10 member countries of the Central Asia Regional Economic Cooperation (CAREC) Program, met today in Baku, Azerbaijan, and moved towards completing a strategic framework that over the next decade will help further develop regional transport networks, boost regional trade, and help secure reliable, efficient energy.

CAREC 2020: Boosting trade, transport, and energy in Central Asia

Senior officials from the 10 member countries of the Central Asia Regional Economic Cooperation (CAREC) Program, met in Baku, Azerbaijan, and moved towards completing a strategic framework that over the next decade will help further develop regional transport networks, boost regional trade, and help secure reliable, efficient energy.

EBRD finances power transmission in Kazakhstan

The EBRD is helping to modernize the transmission of electricity in Kazakhstan with a loan that will improve energy efficiency in the system and increase electricity transmission capacities.

PRC: World Bank supports integrated district heating project to improve air quality for 2.3 million Urumqi residents

The World Bank Board approved a $100 million loan to help two districts in Urumqi with access to more energy efficient and environmental friendly district heating services.