Notable Projects and Technical Assistance
- ADB is providing a multi-tranche financing facility of up to US $500 million to help Uzbekistan reconstruct around 230 km of poor quality roads, which will improve road connectivity and safety, and boost trade along a key regional transport corridor linking Asia to Europe which will be the Corridor 2 of the Central Asia Regional Economic Cooperation (CAREC) Road Investment Program. The first tranche of $130 million will be used to rehabilitate a 74-km section of A373 highway running through the Fergana Valley, where a third of all Uzbeks live and a large proportion of the country’s agricultural goods are produced. Assistance will also be given for road safety and asset management improvements.
- Afghan Diaspora Project
- Funding Utah State University led projects to bring labor skills in Thailand
- Earthquake and Tsunami Emergency Support Project in Indonesia
- Greater Mekong Subregional Program
- ROC Ping Hu Offshore Oil and Gas Development
- Strategic Private Sector Partnerships for Urban Poverty Reduction in the Philippines
- Trans-Afghanistan Gas Pipeline Feasibility Assessment
- Loan of $1.2 billion to bail it out of an impending economic crisis in Pakistan and ongoing funding for the countries growing energy needs, specifically Hydro-power projects
- Micro finance support for private enterprises, in conjunction with governments, including Pakistan and India.
- The Yichang-Wanzhou Railway project in the mountainous area of western Hubei Province and north-eastern Chongqing Municipality, China. (A US $500,000 loan, approved in 2003.)
Read more about this topic: Asian Development Bank
Famous quotes containing the words notable, projects, technical and/or assistance:
“In one notable instance, where the United States Army and a hundred years of persuasion failed, a highway has succeeded. The Seminole Indians surrendered to the Tamiami Trail. From the Everglades the remnants of this race emerged, soon after the trail was built, to set up their palm-thatched villages along the road and to hoist tribal flags as a lure to passing motorists.”
—For the State of Florida, U.S. public relief program (1935-1943)
“One of the things that is most striking about the young generation is that they never talk about their own futures, there are no futures for this generation, not any of them and so naturally they never think of them. It is very striking, they do not live in the present they just live, as well as they can, and they do not plan. It is extraordinary that whole populations have no projects for a future, none at all.”
—Gertrude Stein (1874–1946)
“When you see something that is technically sweet, you go ahead and do it and you argue about what to do about it only after you have had your technical success. That is the way it was with the atomic bomb.”
—J. Robert Oppenheimer (1904–1967)
“Man cannot produce a single work without the assistance of the slow, assiduous, corrosive worm of thought.”
—Eugenio Montale (1896–1981)