News Releases

ASEAN Infrastructure Fund Readies $1 Billion Pipeline for Lending Operations

The ASEAN Infrastructure Fund Limited is set to begin its lending operations in the second half of 2013, with a pipeline of around $1 billion in projects for the next three years.

ADB Assistance Tops $21.5 Billion in 2012

ADB approved $21.57 billion in financing operations including cofinancing last year, according to ADB’s 2012 Annual Report, released ahead of its 46th Annual Meeting of the Board of Governors to be held 2–5 May in Delhi, India.

Asia's Future Prosperity Requires Major Change in Energy Use

Asia is moving along a dangerously unsustainable energy path that will result in environmental disaster and a gaping divide in energy access between rich and poor unless the region dramatically changes course, says a new ADB report.

Developing Asia's Growth Steps Up to 6.6% in 2013

Rising private consumption and stronger intraregional trade will spur a pickup in growth in developing Asia in 2013 and 2014, as economic activity in the US and Europe remains in the doldrums, ADB says in a major new report.

Mekong Countries Seek Greater Cooperation on Green Agriculture

Senior agriculture and environment officials from the six Greater Mekong Subregion countries met today to discuss environmentally sustainable agriculture and natural resource management in the region.

ADB, World Bank Launch Country Gender Assessment for Lao PDR

Lao People’s Democratic Republic could reap greater benefits from the country’s rapid economic growth by reducing gender inequality and vulnerability in remote rural areas while enhancing women’s ability to take full advantage of expanding economic opportunities, particularly in urban and lowland areas, according to a new ADB and World Bank report.

Greater Mekong Ministers, ADB Plan Next Generation of Development Activities

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.

Greater Mekong Ministers to Review New Phase of Development Priorities

Ministers from the Greater Mekong Subregion will review progress on the Regional Investment Framework to boost implementation of the GMS Strategic Framework 2012-22, as they meet today and tomorrow for the 18th GMS Ministerial Conference in Nanning, People’s Republic of China.

Southeast Asia's Strength Keeps Asia Growth on Track - ADB Report

The surging economies of Southeast Asia have been a bright spot in developing Asia’s otherwise subdued 2012 growth performance, but the broader region should still pick up steam in 2013, says a new ADB report.

Sweden Commits $8.3 Million to Mekong Environment Program

The Government of Sweden today committed $8.3 million for a second phase of the Core Environment Program and Biodiversity Conservation Corridors Initiative , an ADB administered program helping the Greater Mekong Subregion achieve environmentally-friendly economic growth.