Bhutan and ADB
In the Spotlight
Bhutan has combined its vast hydropower resources with a careful, tradition-focused development strategy. The result, in partnership with ADB, has been a dramatic transformation.
As Bhutan scales up efforts to enhance its vocational education sector, ADB is providing support to upgrading the Khuruthang Technical Training Institute in Western Bhutan.
ADB Country Director Kanokpan Lao-Araya explains how ADB works with Bhutan to support its development and its unique goal of gross national happiness.
The Kingdom of Bhutan is a landlocked country that banks on the generation of hydropower to boost its economy. Hydropower contributes about a fifth of the gross domestic product.
Bhutan has achieved exceptional economic growth over the past 3 decades. Significant achievements in social development have also been made in recent years, with the number of poor approximately halved between 2007 and 2012. However, the challenge remains for Bhutan to expand its economic base and make its growth more inclusive, especially for unemployed youth and women.
Under the country partnership strategy, 2014–2018, ADB assists the government in achieving self-reliance and inclusive and green socioeconomic development, as well as enhance cooperation with its neighbors.
Bhutan is a member of the South Asia Subregional Economic Cooperation (SASEC) program.
Projects in Bhutan
- Strengthening Economic Management Program II
- Institutional Strengthening for Skills Development
- South Asia Subregional Economic Cooperation Transport, Trade Facilitation and Logistics Project
- Adapting to Climate Change through Integrated Water Resources Management
- Piloting the Design of e-Services Delivery Platform in Health Services