News Releases

ADB and the Government of France's development agency are extending additional funds to complete an irrigation and water management project that will boost growth in rural, urban and industrial areas of Ho Chi Minh City and surrounding provinces in southern Viet Nam.

ADB is extending a $500 million loan facility to support Georgia's drive to improve water and sanitation services in expanding secondary towns which are becoming major drivers of growth and employment in the Caucasus country.

Sri Lanka will receive a $120 million ADB loan to help expand and improve its power network to deal with rising customer demand and gaps in coverage which are hindering growth.

ADB is providing a $120 million grant to help Tajikistan upgrade a vital road linking the capital Dushanbe with the Uzbekistan border.

Mongolia with support from ADB will build a state-of-the-art road/rail linked logistics facility that will help expand and speed up trade, and increase the landlocked country's global competitiveness.

ADB is supporting the governments of Cambodia, Lao People's Democratic Republic and Viet Nam in a community-driven initiative to conserve more than 1.9 million hectares of threatened forest land, home to over 170,000 mostly poor, ethnic minority people.

ADB Board of Directors today approved a loan and grant of $15 million equivalent to the Government of Cambodia to promote the development of a sound, market-based financial sector.

ADB, the largest external financier in Mongolia's health sector, is providing fresh assistance to improve hospital services in the capital, Ulaanbaatar, and to strengthen the country's drug safety regime.

ADB will provide $90 million in loans to help Sri Lanka restore water supply and sanitation infrastructure to the conflict-affected Northern Province.

Northern regions of the Lao People's Democratic Republic will receive ADB assistance for agriculture infrastructure upgrades that will boost incomes and opportunities for poor, rural communities.

ADB will extend $95 million to help the Lao People's Democratic Republic and Viet Nam upgrade roads in the northeastern transport corridor that offers trade and poverty reduction benefits to both countries, as well as the wider Mekong region.

ADB will extend $120 million in loans to Papua New Guinea for renewable energy facilities that will help the country meet critical electricity supply gaps in provincial urban centers.

ADB will help some of Nepal's poorest farmers shift production from traditional low-earning crops into high-value commodities, resulting in improved quality of life and incomes for nearly 19,000 households.

ADB is extending $49 million to expand surveillance response systems to help control dengue outbreaks, and prevent the spread of communicable and tropical diseases in Cambodia, Lao PDR, and Viet Nam.

Bangladesh, with support from ADB, is stepping up efforts to upgrade rural roads and market facilities to improve growth and livelihood opportunities, and to cut poverty in underdeveloped areas.