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Latest News Releases
23 Jul 2014
ADB has received a US Department of Treasury award for a pioneering rail project in Afghanistan that is providing a cross-border trade link crucial to the country’s post-conflict economy.
18 Jul 2014
ADB has approved a $125 million loan to improve services and governance in pourashavas—or municipalities— across Bangladesh, making them more livable and attractive, and helping to ease population pressures in major cities.
2 Jul 2014
German development bank KfW will cofinance up to $2 billion over three years with ADB to promote development in the Asia and Pacific region, particularly in Bangladesh, India, Indonesia, Mongolia, and Viet Nam. The KfW cofinancing will focus on energy, urban infrastructure, climate change, small and medium enterprise financing, vocational training, and regional integration.
5 May 2014
About 18,000 people in Yangon and Mandalay will soon have access to a safe, regular water supply and improved sanitation facilities with the signing of a $4 million grant funded by the Japan Fund for Poverty Reduction and administered by ADB.
12 Mar 2014
ADB and the Bill & Melinda Gates Foundation are bringing together the governments of Bangladesh, India, Nepal, and Sri Lanka to create a South Asia Urban Knowledge Hub to help improve urban services, such as sanitation, in the region.
3 Mar 2014
A new $4 million grant funded by the Japan Fund for Poverty Reduction and administered by ADB will help bring much-needed water and sanitation improvements to underserved townships in Yangon and Mandalay, two of Myanmar’s most populated cities.
20 Feb 2014
Improved urban management in the Pacific region can boost living standards and resilience to climate change, according to a new report from ADB.
13 Dec 2013
ADB will provide $163.7 million for the building of better roads, installation of more effective water supply and sewerage systems, and the provision of heating services in Ulaanbaatar to help upgrade basic urban infrastructure and services in peri-urban areas of Ulaanbaatar, also known as ger areas, where a majority of the city’s poor residents live.
29 Aug 2013
Xinjiang Uygur Autonomous Region, one of the poorest and most remote regions in northwestern People's Republic of China, will use a $200 million loan from ADB to improve water availability through wastewater reuse and better water resources management.
17 Jun 2013
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.