News Releases

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.

More than 75% of the countries in Asia and the Pacific are experiencing a serious lack of water security, with many of them facing an imminent water crisis unless immediate steps are taken to improve management of water resources, says a new study prepared jointly by ADB and the Asia-Pacific Water Forum.

ADB is extending a $200 million loan to improve crop output and farming productivity in some of the People’s Republic of China’s most important grain producing regions.

A $250 million loan by ADB to rehabilitate the fifth largest freshwater lake in the People’s Republic of China will also test an eco-compensation program and a water emissions trading system aimed at controlling ubiquitous sources of rural water pollution.

ADB is providing $300 million in loans to overhaul the quality, coverage, and management of water and wastewater services in the Sri Lankan capital, Colombo.

ADB has approved a facility that may kickstart the Indian infrastructure bond market and ultimately channel substantial amounts of domestic and international pension and insurance funds into critically needed energy, railways, roads, water, and other infrastructure and utilities.

ADB and Viet Nam have agreed on a new four year country partnership strategy that will focus on promoting inclusive and sustainable growth, and economic efficiency.

ADB has taken another step toward re-engagement with Myanmar by opening an office and dispatching staff in the country.

At today’s Tokyo Conference on Afghanistan, ADB reiterated its commitment to the country’s long-term development, including a $1.2 billion indicative assistance program through 2016.

Millions of people in Asia and the Pacific could have access to clean water if leaks were plugged and water utility reforms adopted, says a new study by ADB.