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ADB $154 million loan to boost horticulture sector in Uzbekistan

TASHKENT (TCA) — The Asian Development Bank (ADB) has approved a $154 million loan to enhance horticulture value chain development in all 12 regions in Uzbekistan and the autonomous region of Karakalpakstan, ADB’s country office said. Continue reading

ADB loan to improve water supply in Uzbekistan’s Tashkent province

TASHKENT (TCA) — The Asian Development Bank (ADB) says it has approved a $120 million loan to improve access to safe, reliable, sustainable, and affordable water supply services for over 260,000 inhabitants in the Kibray and Zangiota districts of the Tashkent Province in Uzbekistan. Continue reading

ADB helps improve road connectivity in Tajikistan

DUSHANBE (TCA) — The Asian Development Bank (ADB) has approved $65.2 million in loan and grant financing for Tajikistan to improve road connectivity between the capital Dushanbe and Kurgonteppa, two major cities and economic hubs in the country, ADB’s country office in Tajikistan said on November 2. Continue reading

ADB supports small and medium sized businesses in Kazakhstan

ASTANA (TCA) — The Asian Development Bank (ADB) has approved a $200 million equivalent loan to provide much-needed financing in local currency to micro, small- and medium-sized enterprises (MSMEs) in Kazakhstan, ADB’s country office in Kazakhstan said on October 28. Continue reading

CAREC to develop new long-term strategy under changing economic conditions

BISHKEK (TCA) — At the 15th Central Asia Regional Economic Cooperation (CAREC) Ministerial Conference in Islamabad, Pakistan on October 26, CAREC Ministers agreed to formulate a new long-term strategy for CAREC to enhance its relevance in the context of changing economic and development conditions, the Asian Development Bank’s press service said. Continue reading

ADB helps rehabilitate north-south motor road in Kyrgyzstan

BISHKEK (TCA) — The Asian Development Bank (ADB) has recently approved a loan and grant amounting to $95.1 million to rehabilitate a section of the North–South Alternate Road Corridor in Kyrgyzstan. Continue reading