Afghanistan and ADB
In the Spotlight
Millions have benefited from roads built or upgraded by ADB between 2011 and 2014. In Afghanistan, new roads have boosted economic growth, promoted trade, and connected the county with neighbors. Results videos are snapshots of the impact of ADB's work in poverty reduction in Asia and the Pacific.
ADB and the Government of Afghanistan signed two grant agreements worth $130 million to finance a new road link that will open up an east-west trade corridor with Tajikistan and beyond.
The four state gas companies of Turkmenistan, Afghanistan, Pakistan, and India have established a company that will build, own and operate the planned 1,800-kilometer natural gas pipeline.
Low oil prices are having a broad impact on the economies of the region, with opportunities arising to address many longstanding macroeconomic issues.
ADB has helped open up Afghanistan to increased trade and commerce through the construction of a new rail system.
Afghanistan is a founding member of ADB, which was established in 1966. ADB resumed its partnership with the Government of Afghanistan after a hiatus from 1980 to 2001. ADB and other development partners support the Afghanistan National Development Strategy and national priority programs, which remain the agreed basis of the partnership. ADB is committed to support Afghanistan in the long term during the post-transition period beyond 2014. ADB recognizes the current political and security challenges and believes that positive economic activities and regional cooperation are key factors that will bring peace and prosperity to Afghanistan.
As of 31 December 2014, cumulative lending to Afghanistan totaled $1.0 billion, and grants amounted to $3.0 billion. Overall ADB assistance is fully aligned with the government’s priorities in the infrastructure sectors of transport, energy, and natural resources. Support also focuses on economic management.