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DUSHANBE (TCA) — The Board of Directors of the Asian Infrastructure Investment Bank (AIIB) on June 15 approved a US $60 million loan for Tajikistan’s Nurek Hydropower Rehabilitation Project Phase I, co-financed with the World Bank. The project aims to rehabilitate and restore the generating capacity of three units of the Nurek hydropower plant, improve their efficiency and strengthen the safety of Nurek dam operations. Continue reading
BISHKEK (TCA) — Today, east-west rail links are considered at least as important as maritime power. And though at varying speed according to working area, spades are being put into the ground as construction work proceeds, thereby increasing investors’ trust that something is actually being done with their money except paperwork. Continue reading
DUSHANBE (TCA) — A delegation from the European Bank for Reconstruction and Development (EBRD) is heading to China to participate in the first Annual Meeting of the Asian Infrastructure Investment Bank (AIIB) and to sign a joint project, a reconstruction of a road in Tajikistan, one of the first ever AIIB projects. Continue reading
BISHKEK (TCA) — The European Bank for Reconstruction and Development (EBRD) and Asian Infrastructure Investment Bank (AIIB) have agreed to deepen cooperation between the two organisations as they promote economic development and investment across countries where they are both active, the EBRD said. Continue reading
BISHKEK (TCA) — Asian Development Bank (ADB) President Takehiko Nakao and Asian Infrastructure Investment Bank (AIIB) President Liqun Jin signed a memorandum of understanding (MoU) in Frankfurt, Germany on May 2 on the sidelines of ADB’s 49th Annual Meeting of the Board of Governors, ADB said. Continue reading
DUSHANBE (TCA) — The government of Tajikistan is negotiating a first loan from the Asian Infrastructure Investment Bank (AIIB), Avesta news agency reported with reference to the country’s Finance Ministry. Continue reading
