Asian Development Bank has pledged $1.2 billion to Afghanistan by 2016 after the international community promised $4bn a year for the same period.
The commitment will be spent on road building projects, railway networks, energy, administrative reforms and government's prioritised projects, through the normal budget of the government.
"The Asian Development Bank has successfully worked with the Government of Afghanistan for more than a decade on a range of projects that have directly benefited millions of the country's people," ADB President Haruhiko Kuroda said at the conference. "We are firmly committed to staying engaged in Afghanistan's development efforts."
Since 2002, ADB has approved more than $2.8 billion in grants, loans, equity investments, grants and technical assistance for Afghanistan, primarily focused on infrastructure - the backbone of economic and social development - in the transport, energy, water and irrigation sectors.
The ADB-managed multi-donor Afghanistan Infrastructure Trust Fund (AITF) pools donor resources to cofinance and complement ADB-assisted projects in Afghanistan.