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News Releases
25 Nov 2011
Development Partners Commit to Support CAREC 2020
Ministers and senior representatives of development agencies met in Baku to discuss support for the new 10-year strategy for the Central Asia Regional Economic Cooperation Program.
23 Nov 2011
Regional Cooperation On Track as CAREC Endorses 10-Year Strategy
Ministers from the 10-country Central Asia Regional Economic Cooperation Program today endorsed CAREC 2020, a framework for intensified regional cooperation that promises to build on the program's first decade of achievement.
21 Nov 2011
ADB, EBRD Strengthen Ties in Caucasus and Central Asia
ADB and the European Bank for Reconstruction and Development have agreed to work more closely on a range of projects to build capacity and promote public private partnerships across the Caucasus and Central Asia.
18 Nov 2011
CAREC Ministers Celebrate a Decade of Cooperation
Next week in Baku, Azerbaijan, ministers from 10 countries spanning the Caucuses, and Central, East and South Asia will gather to mark a decade of achievement, including $17 billion of investments in energy, trade and transportation under the Central Asia Regional Economic Cooperation Program.
29 Sep 2011
ADB-Funded Uzbekistan Rail Project to Accelerate Regional Trade
ADB is extending $100 million to upgrade a key railway in Uzbekistan which will stimulate local growth and boost regional trade.
21 Sep 2011
ADB to Help Kazakhstan's SMEs through Local Currency Loan
ADB is providing a 22.2 billion Tenge loan (approximately $150 million) in a first-ever local currency financing designed to develop small- and medium-sized enterprises in Kazakhstan.
20 Sep 2011
ADB Funds Smart Electricity Meters to Boost Energy Efficiency in Uzbekistan
ADB is financing ‘smart’ electricity meters for Uzbekistan to help the energy-intensive Central Asian nation use its power resources more efficiently.
31 Aug 2011
ADB $500 Million Loan to Help Uzbekistan Improve Rural Housing
ADB is extending loans of up to $500 million to help Uzbekistan access housing finance for moderate to low-income rural households, to support improved living standards and accelerate development in rural communities nationwide, where 70% of the poor reside.
23 Aug 2011
ADB $500 Million Investment Program Aids Uzbekistan's Push for Increased Trade, Growth
ADB is providing a multitranche financing facility of up to $500 million to help Uzbekistan reconstruct around 230 kilometers of poor quality roads, which will improve road connectivity and safety, and boost trade along a key regional transport corridor linking Asia to Europe.
8 Jun 2011
CAREC 2020: Boosting Trade, Transport and Energy in Central Asia
Senior officials from the 10 member countries of the Central Asia Regional Economic Cooperation Program, met today in Baku, Azerbaijan, and moved towards completing a strategic framework that over the next decade will help further develop regional transport networks, boost regional trade, and help secure reliable, efficient energy.