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Overview
Cities generate over 80% of gross domestic product (GDP) in many countries of the Asia and the Pacific and are engines of economic growth that have lifted millions from poverty. But as they swell in size and number they are under increasing strain. Maintaining vital economic growth, while creating sustainable liveable cities for all is the biggest urban challenge facing Asia.
Since the 1960s, ADB has been assisting its developing member countries (DMCs) meet this challenge with about $15 billion in funding for 200 urban development projects, which have improved urban transport, waste management, and access to clean water and sanitation.
Fast Facts
44 million
people are added to city populations every year
75%
of the world's resources are consumed by cities
More than half
of the world’s slum dwellers live in Asia
