ADB is supporting Indonesia’s long-term economic master plan by helping to improve domestic and international connectivity. Through a $300 million program loan, ADB is partnering with the government to reduce infrastructure gaps and strengthen links to poor, rural areas, which will pave the way to more sustainable and inclusive growth.

A financing agreement and a project agreement were signed today to support the Government of Solomon Islands, finance the building of a submarine cable system that will deliver good quality high-speed internet services at affordable prices to the people of Solomon Islands.

Three towns situated along the East-West Economic Corridor in Lao People’s Democratic Republic will receive a competitive boost with a package of $40.8 million in loans and grants from ADB to make them cleaner, greener, and better able to benefit from their strategic locations.

ADB is lending $75 million to bring Indonesian industries and polytechnic institutions together to update vocational training and better align graduates’ skills with employers’ needs.

ADB is providing $90 million in fresh funds to help Viet Nam strengthen teaching skills and courses in biology, chemistry, mathematics, physics, and social sciences, to ensure upper secondary graduates have the skills to meet the country’s labor needs.

ADB today approved a $400 million loan that will help the state of West Bengal in India break a cycle of debt and development spending cuts.

ADB and the Government of Australia are providing $570,000 in technical assistance to strengthen planning and reforms in post-primary education in Myanmar, including secondary education, technical and vocational education and training, and higher education, a vital component to ensuring the country is prepared for opportunities created by ongoing democratic and financial reforms.