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ASHGABAT (TCA) — The European Bank for Reconstruction and Development (EBRD) is boosting its support for private sector development in Turkmenistan by extending a US $2.1 million loan to the private transport company Avtotrans. Continue reading
BISHKEK (TCA) — On 18 February 2016, the FT-EBRD Central Asia Investment Forum: Forging relationships for growth will bring together leading investors, policymakers, economists and experts in Central Asia, including Mongolia, to discuss the future of the region and the prospects for investment, the EBRD press office said. Continue reading
DUSHANBE (TCA) — The European Bank for Reconstruction and Development (EBRD), in partnership with the Pilot Program for Climate Resilience (PPCR) of the Climate Investment Funds, held an event to mark the formal launch of CLIMADAPT, the Tajikistan Climate Resilience Financing Facility, on February 3 in Dushanbe. CLIMADAPT aims to help Tajik households, businesses and farmers cope with the effects of climate change and to support the country’s transition towards a green economy, the EBRD press office said. Continue reading
ASTANA (TCA) — The European Bank for Reconstruction and Development (EBRD) is continuing to support the Green Economy drive in Kazakhstan by financing a new, cleaner and more energy-efficient gas-fired electricity generating plant in Atyrau, a harbour city on the Caspian Sea and a regional capital in western Kazakhstan. Continue reading
BISHKEK (TCA) — A representative of China has addressed the European Bank for Reconstruction and Development (EBRD) Board of Directors as a shareholder for the first time, less than two weeks after the country formally became the EBRD’s 67th member, the EBRD press office reported on January 28. Continue reading
BISHKEK (TCA) — The European Bank for Reconstruction and Development (EBRD) invested a record amount in the Central Asian region in 2015. Last year’s total investment rose 75 per cent to €1.402 billion from €803 million, in 82 different transactions following 71 projects in 2014. This brings the total EBRD financing in Central Asia to just over €10 billion, the Bank said. Continue reading