News Releases

$200 Million Loan to Help Improve Heilongjiang Provincial Highway in PRC

A US$200 million ADB loan will help improve a key highway in the northeastern part of the People's Republic of China.

ADB Non-Sovereign Loan to Help Bridge India's Power Deficit

ADB's Board today approved a loan of up to US$300 million to India's NTPC Limited to finance its power generation capacity expansion program and to reduce the country's power shortfall.

Two ADB Loans to Help Address Land Degradation in Uzbekistan

Two ADB loans totaling more than US$60 million will help Uzbekistan farmers boost their incomes by addressing some of the country's worsening land degradation problems.

ADB Proposes $290 Million Support for Papua New Guinea's Medium Term Development Strategy

ADB will work with Papua New Guinea on implementing its Medium Term Development Strategy under a new Country Strategy and Program endorsed today by ADB's Board of Directors.

ADB Adopts Regional Cooperation and Integration Strategy

ADB today adopted a strategy to guide its work with developing Asian nations on regional cooperation and integration.

$200 Million Loan to Help Reduce Flood Risk in Hunan, PRC

A US$200 million loan from ADB will help reduce flood risks in Hunan Province, People's Republic of China.

Beibu Gulf Rim Can Learn from Mekong and ASEAN, ADB VP Tells Forum

The Greater Mekong Subregion offers a possible future model for economic cooperation in the Beibu Gulf Rim, an ADB Vice-President told a forum here today.

Innovative US$15 Million Grant to Strengthen ADB's Program in India

An innovative US$15 million cluster grant will help strengthen ADB's program in India by improving the preparation of projects and developing the capacities of local government agencies to implement them.

Emerging East Asia to Post Strong Growth in 2006, Says ADB

The economies of emerging East Asia will grow 7.5% as a group in 2006, drawing strength from a sustained, broad-based economic expansion in major industrial countries that are key export markets for the region, and a rebound in the global information technology industry, according to a new ADB report.

US$5 Million Grant Approved for Livelihoods of Tsunami-Affected Poor in India

ADB has approved a US$5 million grant to help fishing communities and others affected by the December 2004 tsunami in Tamil Nadu and Kerala, India, to restore and diversify their livelihood.