Middle-income Trap Holds Back Asia's Potential New Tiger Economies

Moving from a low-cost to a high-value economy requires innovative companies, an improved education system, and government incentives. Read More

Private Sector Assessment Update - The Kyrgyz Republic

This assessment identifies challenges facing the development of the Kyrgyz Republic’s vibrant private sector and suggests interventions for meeting them. Read More

Low-cost Loans to Small and Medium-sized Companies in Asia

ADB's supply chain finance program provides a low-cost credit lifeline to Asia's small businesses that are struggling to make ends meet. Read More

Public-Private Pharmacy Services

Harnessing the expertise and resources of the private sector through partnerships can help broaden access to high-quality health care in Asia and the Pacific. Read More

Overview

A strong and dynamic private sector is a vital component for economic growth, and thus essential for poverty reduction in the Asia and Pacific region. ADB has long focused on the role of the private sector in development. ADB will invest in infrastructure and advise governments on the basics of a business-friendly environment, including reliable rules, regulations and policies that do not disadvantage private sector enterprise.

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Key Statistics

Almost 86%
of employment opportunities in developing countries are created by small and medium size enterprises Source

45-55%
of small and medium size enterprises in developing countries have no access to loans from formal financial institutions Source

2.7 billion
people worldwide have no access to formal financial services, such as savings or checking accounts Source