News Releases

22 Apr 2013

ADB Assistance Tops $21.5 Billion in 2012

ADB approved $21.57 billion in financing operations including cofinancing last year, according to ADB’s 2012 Annual Report, released ahead of its 46th Annual Meeting of the Board of Governors to be held 2–5 May in Delhi, India.
22 Apr 2013

Farmers in Kazakhstan to Enjoy Steady Income with Loan to Beverage Maker

Local dairy and fruit farmers in Kazakhstan are expected to secure long-term supply contracts from the country’s leading beverage company as it expands production facilities and improves its delivery system through financial assistance from ADB.
9 Apr 2013

Asia's Future Prosperity Requires Major Change in Energy Use

Asia is moving along a dangerously unsustainable energy path that will result in environmental disaster and a gaping divide in energy access between rich and poor unless the region dramatically changes course, says a new ADB report.
9 Apr 2013

Developing Asia's Growth Steps Up to 6.6% in 2013

Rising private consumption and stronger intraregional trade will spur a pickup in growth in developing Asia in 2013 and 2014, as economic activity in the US and Europe remains in the doldrums, ADB says in a major new report.
11 Dec 2012

Trade in Kazakhstan Seen Rising as ADB, Local Banks Sign Trade Finance Deals

Two local banks in Kazakhstan today signed trade finance agreements with ADB to boost their lending portfolios to domestic trading companies whose financing were hampered by a series of bank restructurings in the country.
7 Dec 2012

Southeast Asia's Strength Keeps Asia Growth on Track - ADB Report

The surging economies of Southeast Asia have been a bright spot in developing Asia’s otherwise subdued 2012 growth performance, but the broader region should still pick up steam in 2013, says a new ADB report.
3 Dec 2012

Huge Financing Gap Must Be Filled to Promote Climate-Friendly Technology - ADB

Massive investment is required to develop and deploy climate-friendly technology if global warming is to be halted and developing countries prepared to cope with the adverse consequences of climate change, delegates heard today at the annual global conference on climate change.
30 Oct 2012

CAREC Ministers Agree on $23 Billion Action Plan to Boost Central Asia Links

Ministers of the 10 Central Asia Regional Economic Cooperation Program nations have agreed on a plan to implement more than $23 billion in new regional transport infrastructure projects, together with energy and trade initiatives, aimed at creating seamless connectivity and greater prosperity in the region.
24 Oct 2012

CAREC Ministers to Gather in PRC to Chart Way Forward for the Region

Ministers from 10 nations spanning the Caucasus, Central, East, and South Asia will gather here on 29-31 October to discuss concrete ways to boost connectivity and cooperation in their region through to 2020.
24 Oct 2012

Kazakhstan Develops Silk Road Network Through CAREC

The reconstruction of about 200 kilometers of the Aktau–Beineu Road in Mangystau Oblast is a strong example of regional cooperation at work under the Central Asia Regional Economic Cooperation Program, which celebrates 11 years in existence with its ministerial conference set for October 29-31 in the People’s Republic of China.