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News Releases
1 May 2013
ADB and Government of Papua New Guinea have today signed two loans that will help boost electricity access rates in Port Moresby to 74% and extend the city’s power grid to an estimated 3,000 low-income households. The loans were signed at ADB’s 46th Annual Meeting in New Delhi, India.
19 Apr 2013
The Government of Timor-Leste, ADB and Don Bosco Training Center at Comoro today marked the first steps towards upgrading an automotive skills training facility that will provide vocational qualifications and help develop a skilled workforce.
18 Dec 2012
ADB has approved a $48 million loan for a regional power transmission project in Georgia that will build and upgrade power substations to boost Georgia’s ability to export electricity and support growing regional trade in power in the Caucasus.
14 Nov 2012
A financing agreement and a project agreement were signed today to support the Government of Solomon Islands, finance the building of a submarine cable system that will deliver good quality high-speed internet services at affordable prices to the people of Solomon Islands.
1 Oct 2012
ADB and partners will fund infrastructure upgrades to cushion vulnerable rural communities in Bangladesh from the worsening impacts of climate change.
26 Sep 2012
ADB has approved $7.5 million grant and $10.5 million loan for the $60 million Solomon Islands Broadband for Development Project which will build a submarine cable system that will deliver good quality high-speed internet services at affordable prices to the people of Solomon Islands.
19 Sep 2012
A more sustainable and efficient bus rapid transit system funded by ADB will help decongest the crowded streets of Ulaanbaatar, one of Asia’s fastest growing cities.
12 Sep 2012
ADB is providing a $100 million grant to help Tajikistan upgrade a vital road between Ayni-Panjakent and the Uzbek border in northern Tajikistan.
31 Aug 2012
Water transport, the economic lifeline of Vanuatu, is set to see upgrades with ADB and governments of New Zealand and Vanuatu signing loan and grant funding agreements today to improve domestic port facilities and expand shipping services to remote islands.
4 Jul 2012
Officials from ADB and Ministry of Finance and Economic Development have signed a guarantee agreement for the first loan package to the University of the South Pacific, which will fund the upgrade of the Tarawa campus and boost students’ access to higher education.
22 Jun 2012
ADB will help Bhutan upgrade three domestic airports, boosting the country’s fast-growing tourist trade and opening up new employment opportunities in some of the country’s poorest districts.
19 Jun 2012
The Asian Development Bank (ADB) and the University of the South Pacific (USP) today signed the first loan agreement for a US$19 million loan package to help USP upgrade its regional campuses and ensure that students have access to innovative distance and e-learning.
28 May 2012
ADB is providing fresh assistance to the Government of the Maldives to build up the micro, small, and medium-sized enterprises sector in a bid to bring more people into the economy and to reduce growing income gaps between the capital Malé and outer atolls.
2 May 2012
The funds will help improve the lives of millions of Asia's poorest through inclusive, sustainable growth.
18 Jan 2012
ADB Vice President Xiaoyu Zhao wrapped up a two-day visit to the Kyrgyz Republic today after several consultations with government officials on long-term development goals, short-term issues facing the country, and the role of ADB in the economic development of the country.