JAN. 20 2011 (The Conway Bulletin) – The Asian Development Bank (ADB) said it had loaned Tajikistan $120m to upgrade a 62km stretch of road connecting Dushanbe to the Uzbek border. The road is economically vital to Tajikistan, the ADB said, and forms part of a 7,000km road corridor running from Russia to the Persian Gulf.
ENDS
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(News report from Issue No. 24, published on Jan. 24 2011)
JAN. 7 2011 (The Conway Bulletin) – The European Investment Bank, the European Union’s investment unit, agreed to lend Georgia €20m ($26.8m) to upgrade two hydroelectric plants, bringing to €175m ($234m) euro its loan portfolio to Georgia. The bank’s website said the European Bank for Reconstruction and Development (EBRD) would also lend €20m for the hydroelectric project.
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Copyright ©The Conway Bulletin — all rights reserved
(News report from Issue No. 22, published on Jan. 11 2011)
