Stephen P. Groff: News Releases

The New Energy Architecture: Myanmar report released today is the first ever to analyze the challenges currently facing Myanmar’s energy sector and provides insights to support energy reforms crucial to the country’s future.

The Government of Myanmar, alongside ADB and the Government of Norway, today unveiled a Tourism Master Plan which outlines 38 development projects valued at nearly a half billion dollars that will help increase Myanmar’s tourism competitiveness, protect environmentally important areas, and safeguard ethnic communities.

Better connectivity between South Asia and Southeast Asia – through hardware and associated software – can unlock the full benefits of closer economic ties between the two subregions and help rebalance Asian growth toward domestic and regional markets, delegates at the 46th Annual Meeting of ADB heard today.

ADB is resuming operations in Myanmar, with an assistance package for social and economic development that is designed to build a solid foundation for further reforms to alleviate poverty and foster growth.

The next phase of Greater Mekong Subregion investments should expand the program into new areas such as multisector investments towards urban development, connecting remote areas with growth centers, and extending existing corridors into Myanmar, ministers attending the 18th GMS Ministerial Conference in Nanning, People’s Republic of China said today in a joint statement.

International experts on flood management, Philippine government officials, donors, and civil society organizations gathered at ADB for a two-day forum on flood risk reduction in an effort to identify ways of strengthening disaster risk management, while improving the country’s prevention, preparedness, response and recovery from floods.

ADB is marking World AIDS Day with the launch of a new HIV project in Myanmar, where transmission risks and infection rates are a growing concern.

The Government of Norway will provide an $850,000 technical assistance grant to ADB to help Myanmar update its 1984 Electricity Law so that it reflects current international standards, and creates the right conditions for establishing an electricity regulator, expanding rural electrification, and promoting off-grid solutions.

ADB and the Government of Myanmar have agreed on a new Interim Country Partnership Strategy that sets the stage for ADB’s re-engagement in the country.

The six member countries of the Greater Mekong Subregion celebrate 20 years of economic cooperation today, with the once conflict-ridden area now an Asian showcase for growth, poverty reduction, and regional integration.