News Releases

ADB and the Government today signed an agreement to help Mongolia address rising inequality among its people.

ADB and Government of Papua New Guinea signed a loan worth $41.5 million to fund the Maritime and Waterways Safety Project which will help improve navigational aids, allowing ships to travel more safely through PNG’s largely unchartered and often unsafe waters.

ADB has completed its Regional Customs Modernization and Infrastructure Development Project in Tajikistan, which was designed to improve the efficiency and transparency of customs services to facilitate trade and promote regional customs cooperation.

ADB will help support Thailand’s water and flood management, as well as accounting and financial management reform in the railway sector, with two technical assistance grants launched today.

ADB has approved a loan to TBC Bank to help direct more credit to underserved small businesses in the rural areas of Georgia.

The Government of Cambodia and ADB today signed grant and loan agreements worth $230 million to reduce poverty and promote inclusive growth in Cambodia.

ADB is providing a $500,000 emergency grant to the Government of Samoa to help fund humanitarian and relief efforts for those affected by Cyclone Evan. The funds will be used to supply a wide variety of essential needs and services to people affected by the disaster, and will also support rehabilitation work.

ADB has approved a $41.5 million loan to improve navigational aids in Papua New Guinea (PNG), allowing ships to more safely travel through PNG’s largely unchartered and often unsafe waters.

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.

ADB and the Australian Government are helping the Government of Vanuatu achieve sustainable urban development through improved access to sanitation, drainage facilities and roads.

A $5 million loan agreement with ADB was signed today in Majuro to support the Government of the Republic of the Marshall Islands as it continues implementing public sector reform initiatives to achieve long-term fiscal sustainability.

ADB will help transform fast growing towns along cross border corridor routes in the Greater Mekong Subregion into vibrant economic hubs.

ADB will provide $74 million to fund thousands of biogas plants across Viet Nam to help reduce the country’s mounting piles of rural waste, which are harming the environment and endangering health.

ADB will help vulnerable communities in Cambodia raise their ability to respond to and cope with natural disasters by providing a $35 million loan to manage risks stemming from extreme floods and droughts.

ADB and Government of Japan will provide support to help thousands of small scale landholders in the Autonomous Region in Muslim Mindanao establish agribusinesses, as part of initiatives to bring peace and stability to the area through economic development.