News Releases

ADB is extending loans totaling $266 million to help Bangladesh address natural gas supply constraints in a bid to spur economic growth and cut poverty.

ADB and Agence Francaise de Developpement are providing $100 million in loans to help Indonesia overhaul a key power distribution network in a bid to save energy and cut greenhouse gas emissions.

ADB is providing additional financial assistance for the rehabilitation of conflict-affected areas in the Northern province of Sri Lanka, particularly to assist the return and resettlement of Internally Displaced Persons.

ADB is providing up to $300 million through an innovative financing program to help India develop and expand its micro, small, and medium enterprises - the second largest employment sector in the country after agriculture.

The Government of Luxembourg is committing a further $1.56 million equivalent to the Financial Sector Development Partnership Fund, ADB said.

The Government of Spain is providing an additional $5 million each to the ADB-administered Water Financing Partnership Facility and Clean Energy Financing Partnership Facility.

ADB is supporting the construction and operation of a coal-fired integrated gasification combined cycle power plant in the People's Republic of China, the first such plant in a developing nation.

ADB is helping Lao People's Democratic Republic roll out new power lines in underserved areas which will help improve living standards and increase opportunities to export excess power to neighboring Thailand.

ADB has set up a multidonor Urban Financing Partnership Facility to support its wide ranging urban development projects, with the Government of Sweden the first to inject funds.

The People's Republic of China will receive $100 million dollar loan from the Asian Development Bank to develop small towns and cities in Shanxi province, a move that will provide new jobs and help narrow the urban-rural income gap.

ADB will help finance a highway expansion in Thailand to stimulate trade and economic growth in its border regions and neighboring countries that make up the Greater Mekong Subregion.

ADB will double its investment in the rehabilitation of Cambodia's dilapidated railway, a move that will position the country at the center of a growing trade network in the Greater Mekong Subregion.

Lanzhou, the capital of Gansu Province in the People's Republic of China, will receive a $150 million ADB loan to help set up a sustainable urban transport system that will reduce transport time and costs, and cut harmful emissions of greenhouse gases.

Viet Nam will get up to $630 million in financial support from ADB to carry out further reforms of state-owned enterprises making them more efficient, profitable and transparent in a bid to spur economic growth and open up opportunities for the private sector.

One of PRC's most densely populated and poorest provinces, Anhui, will receive a $200 million loan from ADB to help finance an integrated road transport system that is expected to benefit as many as four million people.