ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty.
Established in 1966, it is owned by 68 members—49 from the region.
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ADB supports projects in developing member countries that create economic and development impact, delivered through both public and private sector operations, advisory services, and knowledge support.
Myanmar and ADB
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In the Spotlight
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Supporting Post-COVID-19 Economic Recovery in Southeast Asia
This report shows why Southeast Asian countries need to prioritize core sectors ranging from tourism to digital trade as they hammer out policies to boost post-COVID-19 recovery and secure a greener future.
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Asian Development Bank and Myanmar: Fact Sheet
ADB remains deeply concerned about recent developments in Myanmar and will continue to consult with shareholders and other stakeholders on any operations in the country.
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Q&A: A differentiated approach to Fragile and Conflict-Affected Situations and Small Island Developing States
The fragile and conflict-situations and small island developing states approach presents ADB's new way of doing business in its most vulnerable members, which are at further risk because of the COVID-19 crisis.
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ADB Statement on New Developments in Myanmar
The Asian Development Bank remains deeply concerned about recent developments in Myanmar, especially the loss of life during civil protests. These events will have a serious impact on the country’s economic and social development.
Myanmar Facts
ADB's Work in Myanmar
Myanmar became an ADB member in 1973. ADB supported the country’s national strategies and priority programs in collaboration with other development partners to establish a stronger foundation for sustainable economic growth and poverty reduction. ADB reengaged with the country in early 2012. Since the reengagement, ADB had provided multiple assistance packages mainly to support improvements in agriculture, human capital, and rural development; energy; and transport.
ADB had committed 120 public sector loans, grants, and technical assistance totaling $3.7 billion to Myanmar. Cumulative loan and grant disbursements to Myanmar amount to $2.18 billion. These were financed by regular and concessional ordinary capital resources, the Asian Development Fund, and other special funds. ADB’s ongoing sovereign portfolio in Myanmar includes 18 loans and 2 grants worth $2.44 billion.
Data: Myanmar
Forecasts are based on ADB's flagship publication, the Asian Development Outlook. Updated four times a year, it analyzes economic and development issues in developing countries in Asia and the Pacific.
Development indicators for Myanmar, including a selection of economic, environmental, and social indicators used globally to track progress toward the Sustainable Development Goals.
Results achieved are aggregate amounts of outputs and outcomes from operations reported in project completion reports and extended annual review reports circulated for the year.
Cofinancing operations enable ADB’s financing partners, governments or their agencies, multilateral financing institutions, and commercial organizations to participate in financing ADB projects.
ADB Projects in Myanmar View all projects
Featured
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Asia Environmental Partners II is a $300 million regional fund focused on growth opportunities in renewable energy, waste management and recycling services, water management, energy efficiency, pollution control, and low-carbon consumer products in the People’s Republic of China, India, and Southeast Asia.
Approved/Active
- Digital Entrepreneurship in Asia for Economic Resilience and Post-Pandemic Recovery
- Strengthening the Institutional Mechanism of the South Asia Subregional Economic Cooperation Program
- Investment in Lombard Asia V, L.P.
- Support for ASEAN+3 Bond Market Forum under the Asian Bond Markets Initiative Medium-Term Road Map, 2019–2022
- Accelerated Rural Electrification Project
Proposed
- Second Mandalay Urban Services Improvement Project
- Railway Modernization Project
- Enhancing Financial Access through the Public Credit Guarantee Scheme Project
- Myanmar: Improving Non-Communicable Diseases Prevention and Treatment Project
- GMS Cross-Border Livestock Health and Value Chains Improvement Project
What's New
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29 Jun 2022 | News from Country Offices
Promoting Business Friendly Local Economies to Boost Pandemic Recovery in Southeast Asia
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13 May 2022 | News Release
Improving Sectoral Growth Drivers to Boost Southeast Asia’s Post-Pandemic Recovery
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10 May 2022 | Reports
Strengthening Domestic Resource Mobilization in Southeast Asia
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10 May 2022 | Papers and Briefs
Bilateral Remittance Inflows to Asia and the Pacific: Countercyclicality and Motivations to Remit
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06 May 2022 | Reports
Supporting Post-COVID-19 Economic Recovery in Southeast Asia
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06 May 2022 | Reports
Implementing a Green Recovery in Southeast Asia
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27 Apr 2022 | Brochures and Flyers
Asian Development Bank and Myanmar: Fact Sheet
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07 Apr 2022 | Policies, Strategies, and Plans
BIMSTEC Master Plan for Transport Connectivity
ADB started reengagement in Myanmar in early 2012 and formally established its Myanmar Resident Mission (MYRM) in April 2014, with offices in Nay Pyi Taw and Yangon. MYRM provides the primary interface for ADB operations between ADB and government, the private sector, civil society stakeholders, and other development partners. MYRM engages in policy dialogue, country strategy development and programming, portfolio management, and knowledge management.
ADB in Myanmar aims to promote inclusive and sustainable economic growth with focus on infrastructure (transport, energy, and urban development); education and training; and agriculture and rural development. ADB also focuses on capacity development and governance, private sector development, environment, climate change and disaster risk management, and regional integration, gender equity, context sensitivity, and knowledge solutions.
The Myanmar government agency handling ADB affairs is the Ministry of Planning and Finance.
The Myanmar Resident Mission will be closed on these dates:
- Independence Day: January 4 (Tuesday)
- Full Moon Day of Tabaung: March 16 (Wednesday)
- Thingyan Water Festival Day: April 13, 14, 15 (Wednesday, Thursday, Friday)
- Full Moon Day of Kasong: May 13 (Friday)
- Full Moon Day of Waso: July 12 (Tuesday)
- Full Moon of Thindingyut: October 10 (Monday)
- Full Moon day of Tazaungmone: November 7 (Monday)
- Christmas Day: December 26 (Monday), in lieu of December 25
- Independence Day: August 17 (Wednesday)
Last updated: 24 May 2022