News

ADB president calls for CAREC to boost regional cooperation efforts

In his keynote address at the CAREC Ministerial Conference, ADB President Takehiko Nakao said that in the current difficult global economic environment, CAREC countries should further strengthen regional cooperation and integration efforts.

ADB loan to improve urban services, connectivity in Xinjiang border area

The Asian Development Bank (ADB) has approved a $150 million loan for infrastructure and service upgrades that will help lift living standards, improve the environment, and boost trade opportunities for urban centers in the northwest Xinjiang Uygur Autonomous Region, People’s Republic of China.

ADB loan to help improve urban services, environment in Akesu, Xinjiang

The Asian Development Bank (ADB) has approved a $150 million loan to conduct urgently-needed upgrades to infrastructure and services in the fast growing city of Akesu in the Xinjiang Uygur Autonomous Region (Xinjiang), the People’s Republic of China (PRC).

Logistics centers can become hubs of freight activity in PRC

Market-based logistics centers linking rails, flights, ships and other modes of transportation can facilitate the storage, handling, and movement of the People's Republic of China’s (PRC's) containerized freight, more effectively connecting PRC’s local markets with the rest of the world, according to a new World Bank research paper.

PRC to improve rural roads and highway management with help from World Bank

Hundreds of thousands of people in Western People's Republic of China (PRC) will benefit from better rural roads and highway management with $300 million in loans approved by the World Bank Group’s Board of Executive Directors.

Containers on rail: PRC’s next big opportunity in supply chain logistics

The transportation of containers by rail could grow substantially in the People's Republic of China, especially if the nation continues adopting the kind of operating practices and regulatory reforms that have boosted the development of the North American rail network, according to a new World Bank research paper.

ADB loans help PRC tackle surge in transport emissions

The Asian Development Bank (ADB) has signed loans of up to $450 million equivalent to help the People’s Republic of China (PRC) scale up its use of natural gas for transport to curb fast-rising emissions from automobiles and river freight.

ADB warming up cold IMAR with low carbon, low emissions heating

The Asian Development Bank (ADB) has approved a loan of $150 million to introduce a first-of-its-kind low carbon and low emissions heating system utilizing natural gas and wind power, in Hohhot, capital of the Inner Mongolia Autonomous Region (IMAR) of the People’s Republic of China (PRC).

The CAREC Corridors – Linking the Russian Federation with South Asia and the Middle East

In Central Asia, six CAREC corridors link the region’s economic hubs to each other and connect the landlocked CAREC countries to other Eurasian and global markets. Corridor 3 connects the Russian Federation to South Asia and the Middle East, running through six of CAREC’s member countries.

The CAREC Corridors – Linking Europe and East Asia

In Central Asia, six CAREC corridors link the region’s economic hubs to each other and connect the landlocked CAREC countries to other Eurasian and global markets. Corridor 1 - the most active of the six - links Europe to East Asia, traversing the Russian Federation border to the People’s Republic of China via Kazakhstan and the Kyrgyz Republic.