News Releases

Latest News Releases


ADB is extending a $30 million loan for a nationwide program to raise the quality of technical and vocational education and training in Cambodia leading to more job opportunities for women and the poor. 

ADB has approved project loans of $150 million to upgrade two key barrages in Pakistan’s Punjab region, which will support livelihoods for hundreds of thousands of farm families and reduce flood risks.

The Government of Timor-Leste, ADB and vocational training centers-Don Bosco Comoro, Dili Institute of Technology Baucau, SENAI Becora, and CNEFP Tibar will join forces today to support a series of demonstrations of skills gained by trainees who have participated in the Timor-Leste Mid-Level Skills Training Project.

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.

The Government of Kiribati, the University of the South Pacific  and ADB participated in a ground-breaking ceremony today to officially mark the first step toward upgrading the USP’s Tarawa Campus, which will boost students’ access to higher education.

A $400 million ADB project to improve water and wastewater management services in greater Colombo will be expanded through cofinancing of $101 million from Agence Francaise de Developpement. 

ADB will lend $350 million to Bangladesh to help public and private institutions scale up skills training for 1.25 million young workers so they are well-equipped to find jobs and meet the changing needs of today’s labor market.

Asia and the Pacific is the most dynamic region in the world. Yet, poverty remains the biggest challenge. ADB will sharpen its operational focus to better help its clients overcome challenges, ADB President Takehiko Nakao said today in his opening address to the 47th Annual Meeting of ADB’s Board of Governors.

Work has begun to upgrade and rehabilitate the Keru Wharf near New Georgia in Western Province. The wharf is one of four wharves to be improved under the second phase of the Domestic Maritime Support Project, which is financed by the Solomon Islands Government, ADB, the Australian Government, and the New Zealand Aid Programme.

ADB will provide an additional $30 million loan to the Government of Nepal to scale up the upgrading of the Gautam Buddha Airport (GBA) in Bhairahawa into an international airport with higher air safety standards.