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.

Flows into Asia Bond Markets Raise Risk of Asset Price Bubbles

Emerging East Asia’s local currency bond markets continued to expand in 2012, signaling ongoing investor interest in the region’s fast-growing economies but also raising the risk of asset price bubbles, said ADB's latest Asia Bond Monitor.

ADB, Australia Provide $37 Million to Keep Viet Nam Road Upgrades on Track

ADB and Government of Australia are providing an extra $37 million for a project improving roads and tackling HIV and human trafficking risks along a key coastal route linking Viet Nam and Cambodia.

ADB Loans $212 Million to Bring Piped Water to 3 Million in Viet Nam

ADB will provide $212 million to continue a project to improve water services delivery to more than three million people, including 94,000 households that will receive piped water for the first time in six cities and provinces of Viet Nam.

ADB-Funded Biogas Plants to Tackle Viet Nam's Growing Rural Waste Threat

ADB will provide $74 million to fund thousands of biogas plants across Viet Nam to help reduce the country’s mounting piles of rural waste, which are harming the environment and endangering health.

Cambodia, Viet Nam Get ADB Support to Turn Corridor Towns into Growth Hubs

ADB will help transform fast growing towns along cross border corridor routes in the Greater Mekong Subregion into vibrant economic hubs.