News

Multimodal transport to spur economic growth in Central PRC

The central province of Anhui in the People’s Republic of China (PRC) will become better connected to coastal industrial hubs with a $200 million loan from the Asian Development Bank (ADB) to improve roads, upgrade the Shuiyang River channel, and build a new intermodal port.

ADB provides $900 million for Jamshoro Power Project

The Asian Development Bank (ADB) and the Government of Pakistan signed an agreement under which ADB will provide $900 million for the 600 megawatt Jamshoro supercritical coal-fired power plant.

Tajikistan to improve investment climate via ADB, Japan support

Improving the investment climate in Tajikistan, supporting knowledge transfer to businesses, and attracting potential investors to the country are at the heart of new technical assistance by the Asian Development Bank (ADB) and the Government of Japan.

ADB helps to complete the Bishkek-Osh Road a key regional link

The Asian Development Bank (ADB) and the Kyrgyz government have signed a financing agreement for the implementation of the reconstruction of a section of the Bishkek-Osh road that will strengthen national and regional connectivity and promote inclusive growth.

New EBRD strategy for Kazakhstan

The European Bank for Reconstruction and Development (EBRD) has adopted a new 3-year strategy for its activities in Kazakhstan.

ADB approves $167.2 million to improve power distribution in Pakistan

The Asian Development Bank (ADB) has approved a loan of $167.2 million for eight distribution companies in Pakistan to improve the power distribution system to help provide reliable, regular electricity to businesses and domestic consumers.

ADB assistance to bring improvements to Ulaanbaatar’s ‘ger’ areas

The Asian Development Bank (ADB) will provide $163.7 million for the building of better roads, installation of more effective water supply and sewerage systems, and the provision of heating services in Ulaanbaatar to help upgrade basic urban infrastructure and services in in peri-urban areas of Ulaanbaatar, also known as ger areas, where a majority of the city’s poor residents live.

ADB partners with two Uzbek banks on trade finance program

Two banks in Uzbekistan have signed agreements with the Asian Development Bank's Trade Finance Program to support more trade.

IMF approves additional disbursement for Kyrgyz Republic

The Executive Board of the International Monetary Fund (IMF)completed the fifth review of Kyrgyz Republic’s economic performance under the program supported by the Extended Credit Facility (ECF).

ADB power project to boost Afghanistan North-South Link

The Asian Development Bank (ADB) has approved a $159 million grant for a power transmission project to help Afghanistan overcome shortages in key areas and ultimately aid its push to become an exporter of surplus electricity to neighboring countries