News Releases

Latest News Releases

ADB will provide an additional $30 million loan to the Government of Nepal to scale up the upgrading of the Gautam Buddha Airport (GBA) in Bhairahawa into an international airport with higher air safety standards.

Officials from the Dhaka Water Supply and Sewerage Authority and ADB today met with international and local prospective bidders to discuss plans for an ADB-funded project to develop a surface water supply system for the fast-growing capital city of Dhaka, where groundwater is depleting rapidly.

Work begins today to upgrade and rehabilitate the Ringgi Wharf on Kolombangara Island in Western Province. The wharf is one of four wharves to be improved under the Domestic Maritime Support Project which is financed by the Solomon Islands Government, ADB, the Australian Government, and the New Zealand Aid Programme.

ADB will provide an additional $25 million loan to the Government of Nepal to complete the Melamchi tunnel and help alleviate a severe water shortage in the Kathmandu Valley.

ADB and the Government of Pakistan today signed an agreement under which ADB will provide $900 million for the 600 megawatt Jamshoro supercritical coal-fired power plant.

ADB and the Kyrgyz government have signed a financing agreement for the implementation of the reconstruction of a section of the Bishkek-Osh road that will strengthen national and regional connectivity and promote inclusive growth.

ADB will provide $163.7 million for the building of better roads, installation of more effective water supply and sewerage systems, and the provision of heating services in Ulaanbaatar to help upgrade basic urban infrastructure and services in peri-urban areas of Ulaanbaatar, also known as ger areas, where a majority of the city’s poor residents live.

Some 480,000 households in four regions in Myanmar will have better access to a more reliable supply of electricity to support their daily activities with a $60 million loan from ADB, the first project loan since re-engaging with Myanmar, which will rehabilitate sections of the country’s power distribution network.

ADB is providing a $900 million loan for a new supercritical coal power generation unit in Pakistan that will deliver reliable, cost effective electricity to hundreds of thousands of energy-starved households and businesses.

ADB has approved a $136 million grant, the largest single transaction ever provided by the institution to Tajikistan, for a project to increase supply of renewable energy to national and regional power systems.