Transportation, Energy Lead In Adb's Current Portfolio For Tajikistan (Exclusive)
Date
8/22/2023 2:41:04 AM
(MENAFN- Trend News Agency) BAKU, Azerbaijan, August 22. The most
significant projects in Tajikistan's current Asian Development Bank
(ADB) portfolio are found in the country's transportation and
energy sectors as of June 30th, as measured by the amount of
investments made in each, a source at the ADB told trend .
It was specified that the transportation sector has three
projects worth a total of $312.7 million. These projects focus on
the reconstruction of roads in the southern Khatlon region as well
as the construction of the regional Obigarm-Nurobod road.
There are four projects in the energy industry totaling $310
million in funding. These initiatives are meant to strengthen the
energy sector's ability to maintain itself financially.
In addition, there are two projects for water and other urban
infrastructure and services worth $89.2 million and three projects
for agricultural and natural resources for $124.5 million.
In addition, two programs totaling $57 million each focus on
healthcare, one on education ($31.5 million), and a program in
finance ($50 million).
These initiatives help achieve a number of objectives, such as
lessening the effects of climate change and natural disasters on
the populace and improving the labor skills of young people, women,
and labor migrants in Tajikistan.
Additionally, they contribute to the growth of Dushanbe's
tourism industry, hospital system, Yovon irrigation and drainage
system, and water supply and sanitation.
The 68 member nations of the Asian Development Bank jointly own
it. It was established in 1966. Tajikistan has counted on ADB as
its main development partner ever since it joined the organization
in 1998.
MENAFN22082023000187011040ID1106910967
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.