News Releases

Latest News Releases

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.

ADB and Japan are to help Myanmar upgrade and modernize technical and vocational training programs to meet the country’s pressing need for skilled young workers.

ADB's Board of Directors has approved a $100 million loan to help the government of Sri Lanka revamp its technical and vocational education and training which will equip youth with the required skills for the job market.

ADB will provide an additional $30 million loan to the Government of Nepal to scale up the upgrading of the Gautam Buddha Airport (GBA) in Bhairahawa into an international airport with higher air safety standards.

Officials from the Dhaka Water Supply and Sewerage Authority and ADB today met with international and local prospective bidders to discuss plans for an ADB-funded project to develop a surface water supply system for the fast-growing capital city of Dhaka, where groundwater is depleting rapidly.

Almost 70 municipalities in the Philippines ravaged by Typhoon Yolanda will receive fresh support to jumpstart job opportunities and rebuild damaged infrastructure after today’s signing of a $20 million grant between the government of the Philippines and ADB.

The central province of Anhui in the People’s Republic of China will become better connected to coastal industrial hubs with a $200 million loan from ADB to improve roads, upgrade the Shuiyang River channel, and build a new intermodal port.

ADB and Government of Tonga have signed a $23.1 million grant agreement to fund the Climate Resilience Sector Project, which will systematically incorporate climate resilience into national planning processes and strengthen Tonga’s capacity to develop, finance, implement, and monitor pilot investments aimed at climate-proofing infrastructure and improving ecosystem resilience.