Tajikistan receives from ADB additional finance for rail projects

A train depot in Turkmenbashi, Turkmenistan. (Photo: David Trilling)The Asian Development Bank (ADB) has agreed to boost its assistance to Tajikistan by around USD 20 million in 2015, raising its full year planned assistance program to USD 79 million. The 2015 assistance will be used to support development of the private sector, railways and water resources, and to help strengthen the investment climate.
ADB is also preparing a USD 9 million to prepare a railway project.
“Based on the recent country performance assessment, ADB will increase its annual allocation to Tajikistan by around USD 20 million. The final amount may still change subject to further discussions with the government and funding availability,” said C.C. Yu, ADB’s Country Director for Tajikistan.

photo:www.eurasianet.org

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