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ADB’s Private Sector Investments Top $4.7 Billion at End 2013

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.

ADB-Funded Wastewater Treatment Plant Turned Over to Manila Community

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.

Conflict between Brown and Green Growth Can Be Narrowed, Says Study

Asia’s governments must make tough choices in energy investments that can provide affordable energy while meeting pressing environmental objectives, especially on climate change, says a study by ADB's Independent Evaluation Department.

New ADB-Bhutan Partnership to Support Inclusive, Green Growth

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.

US Treasury Awards ADB for Landmark Afghan Railway Project

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.

Innovative ADB Loan to Help Unlock Indonesia’s Clean Energy Potential

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.

Khurkot Bridge Built With ADB Support Boosts Connectivity

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. 

ADB/PSDI Partners with Nationwide Microbank to Nurture Women’s Business Skills in Fishing Villages

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.

ADB $125 Million Loan to Help Turn Pourashavas into ‘Model Towns’

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.

ADB Maintains Developing Asia Growth Forecast

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.