Tag Archives: ADB

New Asian Development Bank Pakistan Country Director assumes office

Islamabad, April 24, 2017 (PPI-OT): The Asian Development Bank (ADB) has appointed Xiaohong Yang as new Country Director for Pakistan. Ms. Yang, who assumed office on April 24, 2017, is the first woman to head …

Central Asian Countries identify $94 billion Energy Investment Needs to 2023

Islamabad, October 24, 2016 (PPI-OT):Central Asian countries have identified power investment needs of about $94 billion to 2023, according to an Asian Development Bank (ADB)-commissioned study presented at an energy forum today in Islamabad. Further, …

Investment Agreement signed for Turkmenistan-Afghanistan-Pakistan-India Pipeline

Ashgabat, April 07, 2016 (PPI-OT):The shareholders of the TAPI Pipeline Company Limited (TPCL) signed an Investment Agreement today in a ceremony witnessed by petroleum ministers and senior government officials of Turkmenistan, Afghanistan, Pakistan and India, …

Asian Development Bank loan to help improve land border point management for enhanced trade

Islamabad, December 04, 2015 (PPI-OT): The Asian Development Bank (ADB) has approved a $250 million loan to boost cross-border trade activity with its neighboring countries by reducing customs processing time for cargo and goods at …

Asian Development Bank to help Pakistan with an assistance package of $1.2 billion a year, focusing on infrastructure upgrades and institutional reforms

Manila, August 25, 2015 (PPI-OT): The Asian Development Bank (ADB) has approved a new country partnership strategy (CPS) with Pakistan for 2015-2019 with a provisional assistance package of at least $1.2 billion a year on …

Asian Development Bank $220 million aid to help Pakistan build hazard-resilient infrastructure

Manila, June 30, 2015 (PPI-OT): The Asian Development Bank (ADB) has approved assistance of over $220 million to help Pakistan rebuild and upgrade roads, bridges and other high-priority infrastructure damaged by the devastating 2014 floods.…

Asian Development Bank supports new clean energy private sector power project in Pakistan

Manila, May 18, 2015 (PPI-OT): The Asian Development Bank (ADB) is providing loan assistance of up to $65 million for a new private sector hydropower project in Pakistan which will continue the country’s drive to …

Asian Development Bank provides $42.9 million to boost farming in Pakistan’s tribal areas

Islamabad, April 17, 2015 (PPI-OT): The Asian Development Bank (ADB) and Pakistan today signed a loan of $42.9 million for upgrading water management and irrigation systems in Pakistan’s Federally Administered Tribal Areas (FATA), paving the …