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Date Archived: 2 Aug 2010
ADB to Help Uzbekistan Build Efficient and Clean Power Plant
The Asian Development Bank's (ADB) Board of Directors on Tuesday approved financing totaling $350 million to improve energy security and energy efficiency in Uzbekistan, which are key objectives of the Central Asia Regional Economic Cooperation (CAREC) Energy Strategy. [ more... ] |
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Date Archived: 23 Apr 2010
Uzbekistan builds Afghan railway
Uzbekistan's national rail company, Uzbekistan Temir Yullari (UTY), is constructing the 75-kilometer rail link between Hairatan at the border of Uzbekistan and the city of Mazar-e-Sharif in northern Afghanistan. Involvement of an Uzbek company in the project represents a vivid sample of cooperation between two CAREC member countries. [ more... ] |
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Date Archived: 17 Mar 2010
Lighting Up Kabul
Afghanistan’s capital, Kabul, finally receives a steady supply of electricity from a 420-kilometer (km) transmission line, benefiting its four million people. The 217 km portion of the transmission line, funded by the Asian Development Bank (ADB), begins at the country’s northern border and then weaves south to Pul-e-Khumri. [ more... ] |
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Date Archived: 18 Jan 2010
CAREC Reports Call for Improvement of Trade Logistics System
Improving transport and logistics systems of the countries under the CAREC Program will help stimulate national economic growth and promote regional cooperation, according to seven ADB reports on transport and trade logistics that were launched during the Eighth CAREC Ministerial Conference in October 2009. [ more... ] |
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Date Archived: 28 Dec 2009
ADB, Kazakhstan Sign CAREC Corridor 1 Loan
ASTANA, KAZAKHSTAN – The Asian Development Bank (ADB) and the Government of Kazakhstan signed a $187 million loan agreement on 3 December 2009 to reconstruct a 79 km stretch of CAREC Corridor 1 linking Europe and the People's Republic of China. [ more... ] |
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Date Archived: 8 Dec 2009
Energy Investment Needs Top $600 Billion
The Asia and Pacific region must invest between $7 trillion and $9.7 trillion in the energy sector from 2005 to 2030 to meet the rapidly growing demand for energy in the region, according to a new report released by the Asian Development Bank (ADB). [ more... ] |
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Date Archived: 13 Nov 2009
Ministers Endorse Energy, Results Frameworks
ULAANBAATAR, MONGOLIA - Ministers at the 8th Ministerial Conference on Central Asia Regional Economic Cooperation (CAREC) on 16 October endorsed two major plans to advance cooperation in the region's transport, trade and energy sectors. [ more... ] |
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Date Archived: 21 Oct 2009
New Railway to Strengthen Afghanistan Regional Links
Afghanistan’s push to develop reliable, safer, sustainable transport systems that boost growth, and increase connectivity with neighboring countries is getting support from a $165 million Asian Development Bank (ADB) grant. [ more... ] |
