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NEWS FROM THE ASIAN DEVELOPMENT BANK September 2008


ADB Review provides an electronic digest of activities of the Asian Development Bank.

ADB Review September 2008 Issue


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In this issue, read about the new Asian poverty line, ADB President Kuroda in the Emerging Asian Regionalism conference, ADB's new Vice-President, and the Asia Water Day. Featured is how a road rehabilitation project helped improve the quality of life of residents of Khatlon, Tajikistan. Also, find out the latest on ADB events, publications, opportunities, and operations.
Top News
President Kuroda Opens Emerging Asian Regionalism Conference
ADB President Haruhiko Kuroda opened the Emerging Asian Regionalism: A Partnership for Shared Prosperity conference in Jakarta, Indonesia on 10 September.
ADB Study Offers New Way to Measure Poverty in Asia
In a special chapter of Key Indicators 2008, ADB’s flagship annual statistical publication assesses the most commonly accepted methods of comparing international poverty levels.
ADB Appoints Zhao Xiaoyu as Vice-President

The Board of Directors of ADB, acting on the recommendation of President Haruhiko Kuroda, approved the appointment of Zhao Xiaoyu as Vice-President.

Timor-Leste President Visits ADB Headquarters

ADB President Haruhiko Kuroda welcomed Timor-Leste President Jose Ramos-Horta to ADB’s Headquarters in Manila on 13 August.

VP Greenwood Visits Philippines Projects

ADB Vice-President C. Lawrence Greenwood, Jr. visited ADB projects in Cebu and Mindanao.

ADB Issues Statement on Georgia

ADB welcomes the news that a ceasefire has been announced between Georgia and Russia.

Asia Water Day Highlights Leadership Role in Solving Region's Water Problems

Inspired leaders who champion reforms, mobilize resources and involve communities can play a key role in helping Asia meet its many water and sanitation supply challenges, an ADB Director General told the first Asia Water Day in Stockholm, Sweden.

ADB Issues US$1.25 Billion 5-Year Global Bonds

ADB returned to the US dollar bond market with a US$1.25 billion 5-year global benchmark bond issue.


Project News
ADB to Help Philippines Preserve Threatened Watersheds
ADB is providing technical assistance to help the Philippines draw up a program to preserve its watersheds.
Improving Water Management and Irrigation Systems in Viet Nam
A $1 million grant will help Viet Nam improve water management and modernize its irrigation systems.
Papua New Guinea to Boost Power Supply
Papua New Guinea will draw up a detailed plan to improve power supply in the country where 90% of the population still has no electricity through a $1.2 million grant.
Developing Model Research Universities in Viet Nam
$1 million in technical assistance will finance a feasibility study that will pave the way for an ADB loan in 2009 to build two model research universities - with a focus on science and technology.
ADB to Help Pacific Nations Find Ways to Deal with High Prices
ADB will help Pacific countries come up with ways of cushioning the impact of high prices on the poor through a technical assistance grant of $225,000.
ADB and Japan Support Plans to Improve Indian State of Bihar
ADB will provide a grant of $1 million to help improve living conditions and the environment in key urban centers in the Indian state of Bihar.
ADB Supports Expansion of Mobile Phone Services in Afghanistan
ADB will provide a $55 million loan to the Telecom Development Company Afghanistan Ltd, so it can extend its coverage to other parts of the country.
Promoting Closer Cooperation in South Asia
ADB will provide technical assistance of $750,000 for the South Asian Regional Cooperation in 2030 project to help strengthen and expand policy reforms in India and Pakistan.

News from Resident Missions
Reconstruction of Puli Baraq-Dar-i-Suf Road Launch
Afghanistan Resident Mission Country Director Craig Steffensen and Senior Portfolio Management Specialist Mark Prebich joined Afghanistan Vice-President Karim Khalili and Minister of Public Works Surab Ali Safari in launching the reconstruction project, part of the North-South Corridor Project.
 
Speech
The Two Faces of Asia: ADB’s Call for Inclusive Growth
“Today’s skyrocketing food costs, the rising impact of climate change, and the damaging effects of natural disasters call for immediate, practical, and more effective solutions to reducing poverty in the region,” ADB Vice-President Ursula Schaefer-Preuss said in her speech at the Asia Forum on Changing Asia: Forging Partnerships, Building Sustainability” on 29 August.
Features
Road Out of Poverty
Thirteen-year old Farzona Satorova used to dread the short walk from home to her nearby school, but a road rehabilitation project in Tajikistan helped her and her townspeople change their lives.
Publications and Reports
Skilling the Pacific
Mutual Legal Assistance, Extradition and Recovery of the Proceeds of Corruption in Asia and the Pacific
Fighting Bribery in Public Procurement in Asia and the Pacific
Market Survey of Subnational Finance in Asia and the Pacific
Infrastructure and Trade in Asia
ADBI Discussion Paper: Managing Prolonged Low Fertility: The Case of Singapore
ADBI Discussion Paper: Can Ethical Trade Certification Contribute to the Attainment of the Millennium Development Goals? A Review of Organic and Fair-Trade Certification

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