ADB allocates $39mln for regional projects including Azerbaijan

25 March 2026 13:33 (UTC+04:00)

Qabil Ashirov

The Asian Development Bank (ADB) allocated $39.38 million in 2025 for a range of regional technical assistance projects that include Azerbaijan, targeting key sectors such as energy, agriculture, and infrastructure, AzerNEWS reports. The projects focus on green energy and power transmission, climate action, sustainable finance, agriculture and food security, as well as the digitalization of transport and railway systems. Additional areas include the decarbonization of heating systems, urban development, labor market initiatives, and the preparation of public-private partnership (PPP) projects. Among the largest initiatives is the regional technical assistance project titled “Accelerating Climate Action, Innovation, and Private Sector Development through Sector Operations,” with a total budget of...

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