News Releases

ADB is providing a $100 million loan to revitalize Jiuquan City, a former outpost along the Silk Road located in the under-developed northwestern region in the People’s Republic of China.

The ASEAN Infrastructure Fund Limited is set to begin its lending operations in the second half of 2013, with a pipeline of around $1 billion in projects for the next three years.

Ministers from the Greater Mekong Subregion will review progress on the Regional Investment Framework to boost implementation of the GMS Strategic Framework 2012-22, as they meet today and tomorrow for the 18th GMS Ministerial Conference in Nanning, People’s Republic of China.

ADB is providing $300 million in loans to overhaul the quality, coverage, and management of water and wastewater services in the Sri Lankan capital, Colombo.

ADB will open an office in the South Asian nation of Bhutan in early 2013 to more efficiently manage a growing portfolio focusing on transport, energy and urban development.

ADB is providing $600 million for a package of green projects that will transform waste into clean energy, reduce CO2 emissions, expand eco-friendly transport, and protect fragile wetland areas in fast-growing second-tier cities in the People’s Republic of China.

A more sustainable and efficient bus rapid transit system funded by ADB will help decongest the crowded streets of Ulaanbaatar, one of Asia’s fastest growing cities.

Asia must act now to pave the way for green, resource-friendly cities or face a bleak and environmentally degraded future, says a new ADB report.

ADB has taken another step toward re-engagement with Myanmar by opening an office and dispatching staff in the country.

Ministers and senior government officials from the six Greater Mekong Subregion countries met today to discuss ways of expanding economic corridors to better facilitate the movement of people and products around the subregion.