News Releases

ADB Supports Closer Cooperation in South Asia

The Asian Development Bank is supporting closer regional cooperation and integration in South Asia through a grant designed to help strengthen and expand policy reforms in two key nations, India and Pakistan.

South Asia Must Build Investor Confidence to Boost Foreign Direct Investment

South Asia could become one of the more attractive foreign direct investment destinations in developing Asia, but the region will have to improve its business climate and build investor confidence to reach its full potential, according to the newest edition of the Asian Development Bank's South Asia Economic Report.

ADB Backs Huge Infrastructure Project in Nepal to Ease Water Shortages

A delayed water-supply project in Nepal that includes tunneling 26 kilometers through a mountain to ease chronic water shortages in Kathmandu looks set to proceed, after the Asian Development Bank agreed to new terms for the project for which it is the lead financier.

Remote Areas of Nepal to Get Web Access

The Asian Development Bank is providing a $25 million grant to bring the Internet and other information technology products and services to remote areas of Nepal, in line with government efforts to promote economic expansion and eradicate poverty.

Nepal's Education Reforms to Meet Demands of Expanding Economy

Preparations are underway to take Nepal's school system into the next stages of reform and restructuring with new grants that will make the nation's educational programs more responsive to the needs of an expanding economy.

Improving South Asia's Transport Network to Promote Economic Cooperation

Japan and the Asian Development Bank are helping prepare an investment project that will ease the flow of goods, services and people across Bangladesh, Bhutan, India and Nepal to promote economic cooperation and integration among the four member-countries of the South Asia Subregional Economic Cooperation.

ADB Consults South Asia on Safeguard Policy Update

The Asian Development Bank will meet in New Delhi Jan. 16-17 with various groups from South Asia on the update of its environment, involuntary resettlement and indigenous peoples safeguard policies.

ADB Provides $21M to Develop ICT in South Asia

The Asian Development Bank is providing $21.2 million for the development of information and communication technology in Bangladesh, Bhutan, India and Nepal by enhancing the availability of affordable broadband Internet connections, skilled manpower and local content and Internet applications in line with efforts to promote inclusive growth and reduce poverty.

ADB Extends $100M in Grants to Help Reduce Poverty in Nepal's Remote Areas

The Asian Development Bank is extending $100 million in grants to help reduce poverty in isolated areas of Nepal to ensure more inclusive and sustainable economic growth.

ADB Assists Nepal in Implementing West Seti Hydroelectric Project

The Asian Development Bank is assisting Nepal in the implementation of a hydroelectric power project to be undertaken in partnership with the private sector.