News Releases

A US$10 million loan and grant package will help improve the productivity of farm livestock kept by ethnic groups in the northern provinces of Lao People's Democratic Republic.

ADB has approved a US$15 million loan to support a multi donor program to reduce poverty in Viet Nam.

ADB's strategy in the Marshall Islands over the next five years will focus on supporting improvements to boost social services and private sector development.

An ADB loan and grant package totaling US$138.2 million will help finance the construction of a national highway in Afghanistan that will connect remote areas to the country's center.

ADB's planned projects for Mongolia over the next three years have been adjusted to take into account recent developments in the country.

ADB's updated regional cooperation strategy for the Greater Mekong Subregion proposes indicative lending totaling US$1.565 billion over the three years 2007-2009.

A package of loans and grants totaling over US$13.4 million will help promote a sound rural and microfinance sector in the Lao People's Democratic Republic.

A US$16.2 million grant package should help improve the efficiency and effectiveness of the national network of rural roads in Solomon Islands.

ADB's interim operational strategy for Armenia - one of its newest developing member countries - has identified three broad priorities to commence operations.

ADB will work with Papua New Guinea on implementing its Medium Term Development Strategy under a new Country Strategy and Program endorsed today by ADB's Board of Directors.

ADB will help boost job prospects for graduates in Mongolia through a $13 million loan to improve the quality and relevance of education.

Two loans totaling US$53 million will scale up the impact of ADB road sector operations on Papua New Guinea's economic and social development.

MANILA, PHILIPPINES - ADB is targeting a significant reduction in new infections of HIV/AIDS among the youth of Viet Nam, through a project backed by a grant of US$20 million.

ADB is prepared to provide $800 million to $900 million in new loans to Indonesia in 2006, and $1 billion to $1.1 billion in 2007, said Edgar Cua, ADB's Country Director in Indonesia.

ADB has launched a package of 11 grant projects totaling US$8.17 million to step up the fight against HIV/AIDS in Asia.