Asian Development Bank and the Philippines: Fact Sheet
ADB’s support to the Philippines focuses on three main pillars: accelerating infrastructure investments, promoting local economic development, and increasing social investments.
Since 1966, ADB has been a strong partner in the development of the Philippines, its host country. ADB is one of the country’s largest sources of official development assistance, with average annual lending of $767 million over the past 10 years.
The forthcoming ADB country partnership strategy, 2018–2023 for the Philippines will focus on three main pillars: (i) accelerating infrastructure investments, (ii) promoting local economic development, and (iii) increasing social investments.
The strategy also includes crosscutting support to build inclusive and sustainable growth by promoting private sector participation, gender equality, climate change adaptation and mitigation measures integrated into local government systems, sustainable environmental management, and the use of knowledge and innovation in ADB operations.