ADB has approved a $100 million loan to help supply renewable energy to Mongolia by installing its first large-scale advanced battery energy storage system.

ADB and AIM today launched the #DigitalAgainstCOVID-19 virtual challenge to crowdsource digital solutions and ideas to help countries in Asia and the Pacific deal with the medium- and long-term...

ADB President Masatsugu Asakawa and Pakistan’s Federal Minister for Economic Affairs and ADB Governor Makhdoom Khusro Bukhtiar today discussed how ADB can scale up its support for the government’s response to the COVID-19...

ADB has approved a $177 million loan to India to upgrade 450 kilometers (km) of state highways and major district roads in Maharashtra State.

ADB needs to address issues causing weak sustainability of its projects to improve performance, says the 2020 Annual Evaluation Review (AER) conducted by ADB’s Independent Evaluation Department.

ADB today approved a $200 million loan to support the Philippine government’s effort to provide emergency cash subsidies to vulnerable households amid the novel coronavirus disease (COVID-19) pandemic.

ADB today approved a $1.5 billion loan to the Government of India to help fund its response to the COVID-19 pandemic, including support for immediate priorities such as disease containment and prevention, as well as social...

ADB President Masatsugu Asakawa and AFD Chief Executive Officer Rémy Rioux held discussions today on strengthening the partnership between ADB and AFD to respond to the novel coronavirus disease (COVID-19) pandemic.

ADB today announced a $400,000 grant to the Government of Fiji to help fund priority recovery activities following Tropical Cyclone Harold, which hit Fiji's western, central, and eastern divisions on 8 and 9 April.

ADB has approved a $346 million loan to India to help provide efficient and reliable power connection to rural agriculture customers in the state of Maharashtra.

ADB President Masatsugu Asakawa and Nepal Finance Minister and ADB Governor Yuba Raj Khatiwada today discussed ADB’s support to Nepal in its fight against the novel coronavirus disease (COVID-19) pandemic.

ADB today approved a $100 million loan to support the Government of Bangladesh in its efforts to address the immediate public health requirements of combatting the novel coronavirus disease (COVID-19) pandemic.

ADB has provided several targeted interventions to support its developing member countries in combating the effects of the COVID-19 pandemic from its early stages. In support of ADB’s effort, the Government of Japan is...

ADB today approved a $200,000 (460,000 pa’anga) grant to the Government of Tonga to help restore life-sustaining services following the damage from Tropical Cyclone Harold.

ADB has approved $50 million in loan and grant financing to help the Government of the Kyrgyz Republic mitigate the significant negative health, social, and economic impacts of the novel coronavirus disease (COVID-19) pandemic.

ADB today approved a $20 million loan to support Bhutan’s efforts to stimulate the economy, protect public health, and mitigate the effects of the novel coronavirus disease (COVID-19) pandemic on its people.

ADB and the Government of Mongolia today signed $40 million in loans and a $2 million Japan Fund for Poverty Reduction grant to support the modernization of government-owned irrigation networks and vegetable production in Mongolia.

The Asian Development Bank (ADB) has provided a guarantee for a $25 million trade loan to the State Pharmaceuticals Corporation of Sri Lanka (SPC) to purchase medical supplies as part of the country’s response to the novel ....

ADB today approved an additional $500 million loan to bolster the efforts of the Government of Bangladesh to manage the impact of the novel coronavirus disease (COVID-19) pandemic on the country’s economy and the public health.

ADB President Masatsugu Asakawa and Bhutan Finance Minister and ADB Governor Namgay Tshering today discussed ADB’s support to the country in its fight against the novel coronavirus disease (COVID-19) pandemic.

ADB has approved $30 million in extra financing for a health sector project in Mongolia to strengthen the country’s preparedness and response to the novel coronavirus disease (COVID-19) pandemic.

The Philippines’ Department of Health (DOH), with support from ADB, has set up a new laboratory in Pampanga province, north of the capital Manila. It will significantly increase the government’s testing capacity for COVID-19...

ADB has released the 13th annual performance report of its corporate results framework, the Development Effectiveness Review, a management tool that monitors performance and progress during 2019.

CHENNAI: Thousands of unauthorised buildings in the state are facing demolition after the Madras high court on Monday quashed two government orders that proposed to legalise illegal structures built till July 1, 2007. The first bench comprising Chief Justice R K Agrawal and Justice M Sathyanaryanan said: “But for the lackadaisical attitude on the part of the authorities, such an alarming and mushrooming growth of unauthorized and illegal constructions would not have come into place.” The bench was delivering verdict on two PILs against October 30, 2012 government orders extending amnesty schemes for illegal buildings constructed between 1999 and July 1, 2007. “The state government and statutory authorities concerned are […]

Tunisia said it inspected a Turkish plane headed for Libya with medical aid that landed at an airport near the border.

Hackers linked to Iran have targeted staff at U.S. drugmaker Gilead Sciences Inc in recent weeks, according to publicly-available web archives reviewed by Reuters and three cybersecurity researchers, as the company races to deploy a treatment for the COVID-19 virus.

The Public-Private Infrastructure Development Facility (the facility) directly supported the government of Banglahdesh infrastructure development agenda providing the much-needed long-term funds for infrastructure financing.These funds, at commercial terms with more than 20 years of maturity for infrastructure subprojects, filled a gap in the market at that time. The facility complemented the ongoing financial sector reforms and public-private partnerships (PPPs), all of which were intended to create an enabling environment for long-term infrastructure financing.

The project’s targeted outcome was improved access to social and economic facilities in the project areas, particularly in education and health services, and transport hubs in Timor-Leste. These were to (i) rehabilitate 232 kilometers (km) of priority roads; (ii) develop and implement a new road maintenance program; (iii) improve border post facilities; and (iv) provide consulting services and technical assistance (TA) in all aspects of project development and implementation.

The government requested financing from the Asian Development Bank (ADB) to support the National Highway Authority (NHA) in constructing new roads and improving existing ones along the backbone from Peshawar to Karachi, to Gwadar Port in Baluchistan, as well as connections between Pakistan and the People’s Republic of China. Following the completion of loan preparatory activities in May 2007 and loan negotiations in October 2007, the ADB Board in December 2007 approved a multitranche financing facility (MFF) for $900 million to support the NTCIP–Tranche 1.

The project aimed to improve the transport conditions and services in Longnan municipality in the People's Republic of China. The targeted outcomes were the provision of efficient, safe and reliable road transport in the project area; and improved access to markets, income generating opportunities, education and health services and social activities for rural people. Key to this was a targeted reduction in travel times of between 5 and 7 hours, with 90% of the villages being served by an all-weather road.

The Highlands Region Road Improvement Investment Program, a multitranche financing facility (MFF), aimed to ensure the maintenance of the Highlands Core Road Network, comprising 2,500 kilometers (km) of major national and provincial roads. The MFF is funded through three tranches. The first tranche (Project 1) had six components. The physical component was improvements to 211 km of national roads. Two components supported the Department of Works (DOW) and the National Roads Authority (NRA) in project implementation.

The Bishkek–Torugart road serves several important functions. It is part of the CAREC Corridor 1(c) extending from Troitsk in the Russian Federation to Kashi in Xinjiang Uygur Autonomous Region of the PRC, and is the shortest route from Bishkek to Kashi. It is the only north–south trunk road in the central Kyrgyz Republic connecting Naryn oblast, the poorest of the Kyrgyz Republic’s seven oblasts, and the city of Naryn to the rest of the country. It is the only road providing direct access to Issyk Kul Lake region, which is one of Central Asia’s well-known tourist destinations.

The State Government of Madhya Pradesh requested the Asian Development Bank (ADB) to finance the rehabilitation and upgrade of 1,080 km of state highways in Madhya Pradesh under the state road rehabilitation program. The project was to upgrade existing roads to two or intermediate lanes (two-lane standard), strengthen existing pavement, strengthen culverts and bridges, and construct new bridges and cross-draining structures. The project roads were mostly in poor areas of the state in the eastern and west central areas of Madhya Pradesh.

Transport systems provide arteries for efficient movement of people and goods in a well-functioning economy. The Asia and Pacific region has witnessed brisk economic growth and social development leading to increased mobility and urbanization. Rapid growth and urbanization creates pressure on transport system and services, which need to keep up not only to sustain the economic growth, but also to ensure much needed equitable access and quality services for all sections of the society.

ADB's support to Asia and the Pacific’s transport sector has helped improve domestic connectivity and economic efficiency in the region, says a report released by ADB’s Independent Evaluation Department.

The Madhya Pradesh Power Sector Investment Program in India was a multitranche financing facility (MFF) designed to support Madhya Pradesh state’s sustainable economic growth and social development by investing in the statewide power transmission and distribution networks. The MFF supported the state government in expanding its power transmission, distribution, and management infrastructure and capacity.

The Annual Evaluation Review (AER) is the flagship report of the Independent Evaluation Department (IED) on the operational performance and results of the Asian Development Bank (ADB). This is an important year for the AER as it marks the first full year of Strategy 2030’s implementation. The AER provides a synthesis of the evaluations prepared by IED in the preceding year, updates performance trends, and draws lessons and offers recommendations to guide ongoing and future operations.

ADB needs to address issues causing weak sustainability of its projects to improve performance, says the 2020 Annual Evaluation Review (AER) conducted by ADB’s Independent Evaluation Department.

ADB has a vacancy for the position of Intern - Office of the Head, OAI - 2009 in the Office of Anticorruption and Integrity. The deadline for submitting applications is on 15 September 2019.

ADB has a vacancy for the position of Senior Administration and Communications Assistant in the Strategy, Policy and Partnerships Department. The deadline for submitting applications is on 31 May 2020.

The Asian Development Bank Institute (ADBI) is looking for an experienced (Senior) Administrative Officer. Under the general supervision of the Director, Administration, Management and Coordination, ADBI, he or she will be responsible for designing, managing and monitoring administrative services for ADBI, primarily accounting, controlling and auditing, budget, finances and fund administration, local staffing, liaison with Japanese authorities and institutions, office services and procurement.

ADB today approved a $200 million loan to pilot an integrated approach to river restoration in one of the tributaries of the Yangtze River Basin in the PRC. The project in...

ADB joined the governments of Tonga and Australia in an inauguration ceremony today to officially mark the completion of upgrading work of the Mataki’eua water supply system as part of the ADB-supported Nuku’alofa Urban...

ADB has approved a $100 million loan for a demonstration project that will help clean up the Xin’an River in Anhui Province in the PRC. The project will also pilot an innovative financing mechanism to reduce rural pollution...

This policy dialogue session on water-related disaster resilience with various public scientific agencies, ministries and Senior public works department officials from Japan and developing countries in Asia.

ADB today signed a $60 million loan deal (in Chinese Yuan equivalent) with Maxwealth Financial Leasing Co., Ltd. to improve municipal and industrial wastewater treatment capacity and standards in the People’s Republic of China...

ADB is proposing a project to deliver climate adaptive solutions for water resources management and modernize outdated irrigation and drainage systems within the Amu Darya and selected reaches of the Zarafshan irrigation system.

ADB signed an agreement today to provide $8.32 million in financing to the Government of Pakistan to enable vital preparatory work ahead of a series of major projects to enhance water availability and increase agricultural...

The ADB Sanitation Dialogue 2020, to be held on 29 June to 1 July 2020 in Manila, engages ADB's developing members and other development partners toward achieving Sustainable Development Goal 6.2 on sanitation for all.

Regional economic growth in developing Asia will decline sharply to 2.2% in 2020 due to the effects of the COVID-19 pandemic, before recovering in 2021, according to the Asian Development Outlook 2020.