MANILA, PHILIPPINES, 8 June 2011 — The Asian Development Bank (ADB) has approved a $55 million loan to finance improvements to a key highway connecting the Kyrgyz Republic with the People’s Republic of China (PRC). The 60-km stretch to be reconstructed is part of the Central Asian Regional Economic Cooperation (CAREC) Program. The program covers […]
CAREC 2020: Boosting Trade, Transport and Energy in Central Asia
BAKU, AZERBAIJAN, 8 June 2011 — Senior officials from the 10 member countries of the Central Asia Regional Economic Cooperation (CAREC) 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. […]
ADB: Wider Solar Power Use Critical for Asia
BANGKOK, THAILAND, 30 May 2011 – Asia must expand solar energy generation if the region is to stay on its strong economic growth path and reduce carbon emissions, Asian Development Bank (ADB) Vice-President (Operations 1) Xiaoyu Zhao said today. Mr. Zhao was speaking here at the opening of the 3rd meeting of the Asia Solar […]