This document from the South Carolina Technical College System highlights Aiken Technical College, giving facts about the college. It also gives facts about the South Carolina Technical College System.
Sweden has provided $520.23 million in capital subscription to ADB as of 31 December 2020. It has also contributed and committed $513.53 million to Special Funds since joining the bank in 1966. Companies and consultants from Sweden have since been awarded $627.96 million in procurement contracts on ADB-financed projects. In 2020, ADB's lending volume was $26.9 billion (149 projects), with technical assistance at $293.56 million (275 projects) and grant-financed projects at $1.08 billion (62 projects). In addition, $16.41 billion in commitments from sovereign and nonsovereign cofinancing was generated. From 1 January 2016 to 31 December 2020, ADB's annual lending volume averaged $19.69 billion. Investment grants and technical assistance funded by ADB and Special Funds resources averaged $805.5 million and $230.81 million, respectively, over the same period. As of 31 December 2020, cumulative commitments (excluding cofinancing) were $323.17 billion in loans for 3,369 investment projects in 44 countries, $11.3 billion in 495 grants, and $5.01 billion in technical assistance grants, including regional technical assistance grants. In addition to loans, grants, and technical assistance, ADB uses guarantees and equity investments to help its developing member countries (DMCs).
Pakistan joined the Asian Development Bank (ADB) as a founding member in 1966. ADB has since been working with the country to strengthen its key infrastructure, improve social services, and promote inclusive economic growth. The bank's country operations business plan, 2020–2022 for Pakistan outlines $7.1 billion in assistance. This includes project loans; policy-based lending for structural reforms; multitranche financing facilities for energy, transport, water, and other urban infrastructure and services; and results-based lending for energy and social services. ADB aims to mobilize private financing for development projects, expand its financing and technical assistance for public–private partnerships, and explore policy-based guarantees to help the Government of Pakistan leverage more financing and develop capital markets. Since 1966, ADB has committed $33.5 billion in loans, $148.5 million in grants, $190.7 million in technical assistance projects, and $570.4 million in ADB-administered cofinancing for Pakistan.
Bangladesh has more than halved its incidence of poverty over the past 25 years. The country gained lower-middle income status in 2015 and met the criteria to graduate from least developed country status in March 2018. Its economic growth has been robust over the past decade and reached 7.9% in the fiscal year that ended on 30 June 2018—the highest rate of economic expansion in the country's history (for the second year running). The Asian Development Bank (ADB) has been a development partner of Bangladesh since 1973 and established its first field office in Dhaka in 1982. Since 1973, ADB has committed a total of $22.9 billion for 282 loans, $269.18 million for 429 technical assistance projects, and $931.5 million for 44 grant projects. The country is a major recipient of ADB concessional resources. In 2018, ADB committed its highest level of support to Bangladesh yet, with eight sovereign projects totaling $2.1 billion in loans and grants, $16.5 million in technical assistance, and $1.9 billion mobilized in cofinancing.
With some of the world's highest mountains covering 93% of its territory, Tajikistan faces obvious obstacles to its development. These include food insecurity, limited transport connectivity, and low levels of private investment. Due to its narrow economic base and reliance on remittances by labor migrants, Tajikistan's economy remains vulnerable to external shocks. The Asian Development Bank (ADB) has partnered with Tajikistan since 1998 and approved over $1.7 billion in grants, concessional loans, and technical assistance.
Kazakhstan became a member of the Asian Development Bank (ADB) in 1994, shortly after it achieved independence. During the past 26 years, ADB has aided Kazakhstan with financing, technical assistance, and knowledge support as part of its sovereign operations. Priority areas of investment have been budget support, transport, the finance sector, agriculture, and renewable energy. Current ADB operations in Kazakhstan are being implemented under the country partnership strategy, 2017–2021, which is structured around three pillars: economic diversification, inclusive development, and sustainable growth. ADB is also supporting Kazakhstan's active participation in the Central Asia Regional Economic Cooperation (CAREC) Program. Since 1994, ADB has committed $5,153.63 million in loans, and $48.81 million technical assistance projects, including ADB-administered cofinancing for Kazakhstan.
Australia has contributed $8.49 billion in capital subscription as of 31 December 2019. It has contributed and committed $2.86 billion to Special Funds since joining in 1966. Companies and consultants from Australia have since been awarded $1.75 billion in procurement contracts on ADB-financed projects. In 2019, lending volume was $20.47 billion (133 projects), with technical assistance at $237.31 million (252 projects) and grant-financed projects at $844.07 million (31 projects). In addition, $11.86 billion was generated in commitments from sovereign and nonsovereign cofinancing.
Kazakhstan became a member of the Asian Development Bank (ADB) in 1994, shortly after it achieved independence. During the past 26 years, ADB has aided Kazakhstan with financing, technical assistance, and knowledge support as part of its sovereign operations. Priority areas of investment have been budget support, transport, the finance sector, agriculture, and renewable energy. Current ADB operations in Kazakhstan are being implemented under the country partnership strategy, 2017–2021, which is structured around three pillars: economic diversification, inclusive development, and sustainable growth. ADB is also supporting Kazakhstan's active participation in the Central Asia Regional Economic Cooperation (CAREC) Program.
The Asian Development Bank (ADB) began working with Turkmenistan in 2000 and has since been helping to diversify exports and increase regional connectivity to capitalize on the country's vast energy resources and strategic location. Endorsed by the Government of Turkmenistan in January 2020, ADB's country operations business plan, 2020–2022 outlines a firm lending program worth $150 million, alongside $690 million in standby projects. These investments are intended to contribute to increased power and gas exports, better roads and transport infrastructure, and improved access to finance for export-oriented small and medium-sized enterprises. Since 2010, Turkmenistan has also benefited from regional technical assistance projects under the Central Asia Regional Economic Cooperation (CAREC) Program. Since 2000, ADB has committed two loans ($625 million) and six technical assistance projects ($3.325 million grant) for Turkmenistan. Cumulative loan disbursements to Turkmenistan amount to $116.9 million. These were financed by regular ordinary capital resources.
The Asian Development Bank (ADB) began working with Turkmenistan in 2000 and has since been helping to diversify exports and increase regional connectivity to capitalize on the country's vast energy resources and strategic location. Endorsed by the Government of Turkmenistan in January 2020, ADB's country operations business plan, 2020–2022 outlines a firm lending program worth $150 million, alongside $690 million in standby projects. These investments are intended to contribute to increased power and gas exports, better roads and transport infrastructure, and improved access to finance for export-oriented small and medium-sized enterprises. Since 2010, Turkmenistan has also benefited from regional technical assistance projects under the Central Asia Regional Economic Cooperation (CAREC) Program.
Emboldened by a new development strategy and a comprehensive reform agenda, Uzbekistan is striving for a vibrant and inclusive market economy led by the private sector. Since joining the Asian Development Bank (ADB) in 1995, Uzbekistan has received 70 loans totaling $7.4 billion, including two private sector loans totaling $225 million and technical assistance of $87.3 million. The Government of Uzbekistan has adopted a national development strategy for 2017–2021 and ADB is preparing an aligned country partnership strategy, 2019–2023. The new partnership strategy will support the government's ambitious reform agenda and the economic transition of the country by providing a comprehensive program of investment finance, policy support, and knowledge solutions.
Bhutan is one of the fastest-growing economies in South Asia. Economic growth has averaged 7.5% a year over the past 3 decades and the country's poverty rate was cut more than half in a decade, falling from 23% in 2007 to 8.2% in 2017. Yet, the challenge remains for Bhutan to expand its economic base and make growth more inclusive, especially for unemployed youth and women. Developing a vibrant private sector is key to diversifying Bhutan's economy, generating a more broad-based growth, and creating sustainable jobs. Since 1982, the Asian Development Bank (ADB) has supported Bhutan through various programs, mainly in energy, transport, finance, and urban development. ADB has committed loans totaling $534.06 million, grants of $269.22 million, and technical assistance of $53.75 million for the country.