News Releases

Latest News Releases


ADB is providing a $40 million emergency assistance grant to assist with the reconstruction of irrigation and rural road infrastructure at 15 provinces in northern Afghanistan that suffered heavy damage from severe flooding earlier this year.

ADB has approved a $300 million loan to help India’s northeastern Assam state continue its drive to eliminate power sector inefficiencies that are hurting its consumers, its world-famous tea industry, and its environment.

ADB will bring power to 25 off-grid villages of Myanmar, through a $2 million grant project to pioneer the expansion of renewable energy in the country.

ADB and the Government of India today signed a $176 million loan that will fund the extension of Jaipur’s first metro train line. Extending the line will reduce both congestion and pollution in the fast-growing Indian heritage city.

ADB will lend $350 million to Bangladesh to help public and private institutions scale up skills training for 1.25 million young workers so they are well-equipped to find jobs and meet the changing needs of today’s labor market.

Work has begun to upgrade and rehabilitate the Keru Wharf near New Georgia in Western Province. The wharf is one of four wharves to be improved under the second phase of the Domestic Maritime Support Project, which is financed by the Solomon Islands Government, ADB, the Australian Government, and the New Zealand Aid Programme.

ADB approved $21.02 billion in financing operations last year, according to ADB’s 2013 Annual Report, released ahead of its 47th Annual Meeting of the Board of Governors to be held 2–5 May in Astana, Kazakhstan.

ADB is working with the governments of Norway and Japan under two different projects to help Bhutan better manage its clean energy and water resources.

ADB and the Government of Bangladesh today signed a grant agreement of $2 million to develop innovative new crop insurance products that will give small-holder farmers in Bangladesh income protection from increasingly severe storms and natural disasters.

ADB and the Government of Bangladesh today signed an agreement for $110 million in loans to support private sector infrastructure projects in Bangladesh, including in renewable energy.