Asian Development Bank (ASX: ATB) will continue its partnership with UN-HABITAT that began in 2003 to increase investments in safe drinking water and sanitation facilities for some of Asia's poorest urban areas.
A US$250 million ADB loan to the Philippines will support a series of reforms aimed at improving the investment climate, better managing the country's finances and helping the poorest and most vulnerable members of society.
Government and international development agency representatives from across the globe are meeting in Hanoi today to discuss measures that will increase the effectiveness of international development assistance.
The Government of Belgium has agreed to cancel about Euro10 million based on net present value (about US$13 million) in debt owed by Pakistan, which will in turn transfer the equivalent funds into ADB's Pakistan Earthquake Fund (PEF).
Asian Development Bank (ASX: ATB) is preparing a project to expand hydropower development and extend access to electricity in Bhutan's rural areas through a US$1.6 million grant from its Japan Special Fund, financed by the Government of Japan.
Asian Development Bank (ASX: ATB) is helping to design a project to construct a railway through mountainous parts of Gansu, Shaanxi, and Sichuan provinces and Chongqing municipality in the People's Republic of China through a grant of US$500,000.
Asian Development Bank (ASX: ATB) is assisting the People's Republic of China (PRC) to develop more efficient and viable passenger railway systems, through a technical assistance (TA) grant of US$600,000.
