News

UPCOMING: Fifth CAREC Railway Working Group Meeting

The Fifth Meeting of the Railway Working Group aims to report on progress made in the TA activities including rail sector assessments and traffic modelling, and to share key concepts and best practices in railway reform.

EBRD to finance additional green buses for Tbilisi

The European Bank for Reconstruction and Development (EBRD) is bringing an additional 200 modern, low-floor buses to Tbilisi in response to the ever-growing demand for public transport in Georgia’s fast-growing capital city.

ADB to help construct, improve part of Georgia’s East–West Highway

The Asian Development Bank (ADB) has approved a $278 million loan (in euro equivalent) to construct and rehabilitate about 30 kilometers of main and secondary roads between the towns of Shorapani and Argveta on Georgia’s East–West Highway, one of the country’s main trade and transport networks.

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.

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 plans $404 million to support Tajikistan’s development from 2020–2022

The Asian Development Bank’s (ADB) updated indicative financial assistance for Tajikistan from 2020–2022 is planned at $404 million that will help address the country’s challenges and emerging needs.

Mongolia, ADB sign projects to spur trade, improve hospital services, and upgrade roads

The Asian Development Bank (ADB) and the Government of Mongolia signed loan agreements totaling $103 million for projects that will upgrade border crossing points, complete a district demonstration hospital, and scale up road rehabilitation efforts in the country.

ADB to help improve connectivity, road safety in Kazakhstan

The Asian Development Bank (ADB) has approved a $167.02 million loan for a project that will rehabilitate and reconstruct 89 kilometers of road between Aktobe and Kandyagash, which will connect major trade routes in Kazakhstan and improving the country’s connectivity, trade activities, and road safety.

Comprehensive Reforms Can Help Kyrgyz Republic Achieve Faster, More Inclusive Growth — ADB

The Kyrgyz Republic is poised to achieve faster and more inclusive growth over the next decade as the government implements reforms that promote economic diversification, good governance, private sector participation, integration of technology in key economic sectors, and better social protection, says a new Asian Development Bank (ADB) Country Diagnostic Study

Transport, housing key for Asian cities to continue booming — ADB Report

To remain engines of economic growth and jobs, developing Asia’s burgeoning cities need efficient transport networks and affordable housing backed by effective and coordinated land and economic planning, according to the theme chapter of the Asian Development Outlook 2019 Update released by the Asian Development Bank (ADB).