News Releases

Promoting Stronger Private-Public Sector Ties for Central Asian Development

Business leaders from all over Central Asia will gather in a two-day forum here to discuss opportunities for encouraging partnerships between private and public sectors in support of regional cooperation initiatives.

Central Asia Set to Take Major Step Forward in Regional Cooperation

The eight countries participating in the Central Asia Regional Economic Cooperation (CAREC) Program are expected to take a major step forward in broadening and deepening the program at a meeting in the People’s Republic of China (PRC) next week.

High Level Conference on Central Asia Regional Economic Cooperation Set for October

The Inaugural Session of the 5th Ministerial Conference on Central Asia Regional Economic Cooperation will be held in Urumqi, Xinjiang Uygur Autonomous Region, People's Republic of China, on 20 October.

ADB First Private Sector Loan for Kazakhstan to Boost Financing for SMEs

ADB and JSC Alliance Bank of Kazakhstan have signed a $50 million five-year senior loan.

ADB Seeks Kyrgyz Government Inputs to CAREC's Comprehensive Action Plan

The Kyrgyz Government and ADB today discussed the preparation of a comprehensive action plan (CAP) for the Central Asian Regional Economic Cooperation (CAREC) Program, at a national workshop in Bishkek.

Senior Officials Discuss Avian Flu Priorities for Central Asia

A two-day Central Asia Regional Conference on Avian Influenza Control and Human Influenza Pandemic Preparedness and Response, cosponsored by ADB, concludes today in Almaty.

Improving Productivity in Pakistan's Federally Administered Tribal Areas

A US$42 million loan will help improve the lives of the people in Pakistan's federally administered tribal areas by promoting the sustainable and productive use of the areas' natural resources.

Regional Cooperation in Trade, Transport and Transit to Benefit Central Asia, says ADB Report

The Central Asian republics would reap considerable benefits from accession to the World Trade Organization and regional cooperation in trade policy within the multilateral framework, combined with greater regional cooperation in transport and customs transit, a new ADB report says.

Central Asia's Rapid Growth to Continue in 2006-2007, Says ADB

Central Asia will maintain its rapid economic expansion with GDP growth in the region projected at 10.3% in 2006 and 9.8% in 2007, according to a major ADB report released today. The region grew 10.9% in 2005.

ADB Supporting Banking and Capital Markets Development in Kyrgyz Republic

An ADB loan of US$15.5 million will support the development of the Kyrgyz Republic's banking sector and capital markets.