Tajikistan allocated $15 mln tp connect power grid to Uzbekistan
The Asian Development Bank (ADB) has approved additional grant finaning of $15 million to help Tajikistan scale up an ongoing project to reconnect the …
ADB
Azerbaijan's railway digitization funds of $47 mln approved
The Asian Development Bank has approved the allocation of a loan of $47 million to support the digitalization of Azerbaijan's railway system. This funding will improve the safety, reliability, and efficiency of …
Unique solar power plant to be built in Uzbekistan
The Asian Development Bank (ADB) and Abu Dhabi Future Energy Company (Masdar) signed a $46.5 million loan to build the Nur Bukhara greenfield solar power plant and battery energy storage (BESS) facility in …
ADB to help Georgia in treating cancer and diabetes
The Asian Development Bank (ADB) has approved a €46.3 million ($50 million equivalent) policy-based loan to help improve access …
Asian Development Bank allocates money to support women in Georgia
The Asian Development Bank (ADB) and Credo Bank have signed a loan of 65 million lari ($25 million) to support onlending activities to …
New ADB Country Director for Turkmenistan appointed
The Asian Development Bank (ADB) has appointed C. C. Yu as its new Country Director for Turkmenistan. Yu will lead ADB’s operations in Turkmenistan and take the lead in the implementation of the bank’s Country …
ADB to allocate $2.24 billion to Azerbaijan
The Asian Development Bank (ADB) has approved a business plan for operations in Azerbaijan for 2016-2018 years. The estimated cost of the ADB lending program in Azerbaijan during this period is $2.24 billion. The total cost of the …
ADB mission arrives in Azerbaijan
A mission of the Asian Development Bank (ADB) arrived in Azerbaijan yesterday. Its task is to prepare a project in the framework of the investment program to improve the electricity network of the country. The mission, which will be in …
Lukoil gets $1 billion for participation in Shah Deniz project
The European Bank for Reconstruction and Development (EBRD) and Asian Development Bank allocated $1 billion for ensuring the company’s share of participation in the second stage of the Shah Deniz project. "Shah …
