News Releases

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.

ADB and the People's Republic of China have agreed on a new country partnership strategy that will focus on innovative projects where ADB can play a catalytic role in addressing poverty, rising income inequality, and widening regional disparities, and in promoting a less carbon-intensive economy.

A poorly lit four-lane tunnel that crosses one of Metro Manila’s key thoroughfares has been illuminated using solar technology and a public-private partnership supported by the Asian Development Bank (ADB). The sub-standard lights of the Boni Tunnel, which intersects EDSA, were replaced with solar-powered light emitting diodes or LEDs.