News Releases

Latest News Releases

ADB private sector operations performed strongly in 2013, with better project success rates and more than $4.75 billion of cumulative investments in sectors including clean energy, agriculture, and health, a performance report shows.

A $60,000 wastewater treatment facility was today turned over to a Manila barangay in the first project of its kind to be managed by the community. The facility in Barangay 672, beside Estero de Paco, was funded under a grant from ADB and implemented by the Pasig River Rehabilitation Commission.

A new country partnership strategy with Bhutan for 2014-2018 will seek to promote inclusive and environmentally sustainable growth in the landlocked South Asian kingdom and to boost cooperation with its neighbors.

ADB has received a US Department of Treasury award for a pioneering rail project in Afghanistan that is providing a cross-border trade link crucial to the country’s post-conflict economy.

ADB will provide a loan of up to $50 million, supported by the Clean Technology Fund, to share risks with the private sector during the project development and exploration phase of the Rantau Dedap geothermal project in Indonesia.

The Government of Nepal today opened the Khurkot Bridge over the Sunkoshi River, substantially enhancing connectivity between hilly regions of the country particularly Ramechhap, Dolakha, and Sindhupalchowk districts and  the Terai districts. 

PNG’s Nationwide Microbank and ADB's Pacific Private Sector Development Initiative have agreed to join forces to assist women in two small fishing villages to gain entrepreneurial skills and take their produce to market.

Developing Asia remains on track toward steady growth in 2014 despite slower-than-expected growth in the United States in the first quarter, says a new ADB report.

ADB has approved a $125 million loan to improve services and governance in pourashavas—or municipalities— across Bangladesh, making them more livable and attractive, and helping to ease population pressures in major cities.

The Government of Kiribati, the University of the South Pacific  and ADB participated in a ground-breaking ceremony today to officially mark the first step toward upgrading the USP’s Tarawa Campus, which will boost students’ access to higher education.