News Releases

3 Nov 2007

$18 Billion Plan to Build New "Silk Roads" through Central Asia

Eight countries on Saturday agreed to an $18 billion strategy to improve Central Asia's network of roads, airports, railway lines and seaports to make the region a vital transit route for trade between Europe and Asia - a modern-day equivalent of the ancient Silk Road.
3 Nov 2007

ADB Assists in Rehabilitation of Road Network in Central Asia to Foster Trade

The Asian Development Bank is providing financial assistance to rehabilitate a key regional road network to reduce transport costs and foster trade and cooperation among Kyrgyz Republic, Tajikistan, other Central Asian nations, and neighboring People's Republic of China.
30 Oct 2007

Experts Discuss Malnutrition Challenges in Central Asia

About 100 participants from Central Asia and Mongolia have met over the last two days in Almaty to discuss one of the most pressing health challenges facing the region in the past decade - micronutrient deficiencies.
29 Oct 2007

ADB: Regional Cooperation Essential to Economic Growth in Central Asia

Central Asian countries must work together to remove barriers hampering trade and improve roads and other infrastructure if the region is to maintain its rapid economic growth, a senior Asian Development Bank official said ahead of a regional cooperation meeting.
24 Oct 2007

Central Asia Set to Take Major Step Forward in Regional Cooperation

Eight member countries of the Central Asia Regional Economic Cooperation program will discuss ways to deepen interaction and integrate more effectively with world markets in a meeting in Tajikistan early next month.
2 Aug 2007

Japan and ADB Helping Mongolia Harmonize Public Investment Planning

The Government of Japan and the Asian Development Bank are supporting efforts to harmonize investment planning under the National Development Strategy of Mongolia.
26 Jul 2007

Surging East Asian Capital Inflows a Big Concern, Says ADB Report

Continued strong growth in the People's Republic of China and only slightly moderating expansions in the newly industrialized economies and most of ASEAN should lead emerging East Asia to robust 8.1% GDP growth in 2007 and 7.9% in 2008, says a new report issued by the Asian Development Bank.
6 Jul 2007

Japan and ADB Support Heating Supply in Mongolia's Remote Rural Areas

The Government of Japan and the Asian Development Bank are supporting efforts to ensure remote rural areas in Mongolia are provided with efficient heating supply during the harsh winter season.
27 Mar 2007

Growth in East Asia to Ease Slightly, but Will Remain Solid, ADB Says

East Asia’s growth is expected to slow to 8% in 2007, down from 8.7% a year earlier, largely because of measures by the People’s Republic of China (PRC) to rein in fixed asset investment, according to a major ADB report released today.
12 Mar 2007

Mongolia's Urban Poor to Take Charge of Own Development

Residents of Mongolia's poor urban areas will be assisted with prioritizing their development needs, making decisions on how resources are to be used, and managing and monitoring assistance being offered to their communities.