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$600 Million for Key Road Connecting Uzbekistan to Afghanistan

A key highway in Uzbekistan linking the Central Asian country to its neighbors is getting support from a $600 million Asian Development Bank (ADB) multitranche financing facility.
The ADB Board of Directors approved the financing for a program comprising three projects. The objectives are to reconstruct over 220 kilometers of the A380 highway, and to provide [...]

ADB buys a 25% stake in liquefied petroleum gas (LPG) distributor Sungas LLC

The Asian Development Bank (ADB) is investing up to $8 million for a 25% stake in Sungas LLC, a recently established liquefied petroleum gas (LPG) distributor in Afghanistan, to help it expand a nationwide storage and distribution network.
ADB’s Board of Directors approved the purchase of the preferred shares in the Delaware, US-registered company.
Around 70% of [...]

ADB and IDB to set up Islamic infrastructure fund

The Asian Development Bank (ADB) and the Islamic Development Bank (IDB) today agreed to set up Asia’s first major multi-country Islamic infrastructure fund.
The Islamic Infrastructure Fund, targeted at $500 million, will make Shari’ah-compliant equity investments in the 12 countries that are borrowing members of both development banks; currently Afghanistan, Azerbaijan, Bangladesh, Indonesia, Kazakhstan, Kyrgyz [...]

Afghan Wireless launches Prepaid Roaming to India.

Afghan Wireless launched prepaid roaming to India. This adds Prepaid roaming countries to 5 including, Saudi Arabia, Pakistan, UAE, Belgium and India.
All Afghan Wireless Prepaid subscribers can roam to India (initially to New Delhi) with their Afghan Wireless Prepaid Connection. All they need to do is to load enough credit before they leave the country.

Dutch Companies eye Afghan market from Dubai

More and more Dutch companies plan to increase their presence in post-war
Afghanistan through their operations in Dubai.
The Dutch economic mission to Dubai is organising a round-table conference
on January 22 to help network Dutch companies interested in doing business
in Afghanistan with their Afghani counterparts.
The conference will be attended by a delegation of 15 high-profile [...]

ADB: $3M to Facilitate Trade in Central Asia

The Asian Development Bank (ADB) is providing a $3 million grant to facilitate trade among member nations of the Central Asia Regional Economic Cooperation (CAREC) as part of efforts to promote sustained economic progress across the region.
The Integrated Trade Facilitation Support for CAREC will receive an additional $600,000 from the governments of CAREC countries to [...]

Afghan carpets on the South Asian Commodity Fair in Beijing

Various varieties of carpets, recognised around the world as a symbol of Afghan culture, tradition and civilisation, will go on display at three major international trade shows this winter.
The US Agency and International Development (USAID) said Afghan traders would attend for the first time the South Asian Commodity Fair in Beijing, China, from December 28 [...]

India to invest 180 in Delaram-Zaranj road

India Thursday approved 180 million usd for up-gradation and construction of a crucial road from Zaranj to Delaram in Afghanistan (AfghanMania reported) .
‘The construction of the road would help Afghanistan to provide communications facility in a remote part of the country. The strategic road would not only provide India improved access into Afghanistan and Central [...]

Central Asia: Major Step forward in regional Cooperation

Eight member countries of the Central Asia Regional Economic Cooperation (CAREC) program will discuss ways to deepen interaction and integrate more effectively with world markets in a meeting in Tajikistan early next month.
The 6th Ministerial Conference of CAREC will be held in Dushanbe from November 2 -3, 2007.
[...]

The Asia Foundation Releases Public Opinion Poll

The Asia Foundation released findings from its most recent public opinion poll in Afghanistan, which covers the largest population sample ever surveyed at one time in all 34 of Afghanistan’s provinces. “Afghanistan in 2007: A Survey of the Afghan People” follows polls conducted by the Foundation in 2004 and 2006. Collectively, the three [...]


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