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31-03-2015, 12:31

Implementation of ADB-financed projects discussed in Dushanbe


Avesta.Tj | 31.03.2015 | Tajik Deputy Minister of Economic Development and Trade Umed Davlatzod met here on Monday with C.C. Yu, the director of the Asian Development Bank (ADB) Resident Office in Tajikistan, the country’s Ministry of Economic Development and Trade (MoEDT) said Tuesday.

Issues related to state and prospects of further expansion of cooperation between Tajikistan and the ADB were a major topic of the meeting.

A special attention was given to development and implementation of ADB-financed projects in Tajikistan.

The two also exchanged views on a five-year Country Strategy and Program for 2016-2020, which aimed to promote energy, transport infrastructure, access to clean water and social services as well as facilitate reforms and investment in private sectors.

Tajikistan joined the ADB in 1998, and the partnership between the nation and the bank has been committed to promoting economic and social development, including the improvement of infrastructure, agricultural production, regional trade and cooperation.

So far, the ADB has offered Tajikistan about 1.3 billion U.S. dollars in loans, grants and technical aid, while projects worth 600 million dollars have already been implemented in transport, energy and other areas.