News Releases

Latest News Releases


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.

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.

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 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.

The Government of Kiribati, the University of the South Pacific  and ADB participated in a ground-breaking ceremony today to officially mark the first step toward upgrading the USP’s Tarawa Campus, which will boost students’ access to higher education.

ADB has approved a $300 million loan to upgrade Uzbekistan’s Takhiatash thermal power plant to meet rising electricity demand in the west of the fast-growing Central Asian country.

ADB has approved a $300 million dual-tranche loan to help Sri Lanka scale up its use of clean energy and cut its reliance on costly petroleum oil for electricity generation.

ADB will support watershed financing and promote inclusive and environmentally friendly development in Guizhou Province of the People’s Republic of China, under a memorandum of understanding signed at a sub-forum of the Eco-Forum Global Guiyang 2014.

Work has begun to upgrade and rehabilitate Tatamba Wharf on the eastern end of Santa Isabel. The wharf is one of four wharves and a landing ramp to be improved under the second phase of the Domestic Maritime Support Project, which is financed by the Solomon Islands Government, ADB, Australian Government, and New Zealand Aid Programme.

ADB will invest $228 million in energy projects in the Pacific in the next 3 years to help the region reduce its heavy reliance on fossil fuels and support more sustainable and environmentally friendly growth, according to its new Pacific Energy Update 2014.