Asian Development Bank (ASX: ATB) is helping the Philippines strengthen its fragile marine ecosystem through a $33.8 million loan for a project to improve coastal resource management and boost livelihoods of fisherfolk. ADB will also administer a $9.0 million Global Environment Facility (GEF) grant for the project.
Strong government leadership and healthy stakeholder participation are needed to ensure progress and improved governance in the water sector, an ADB Vice-President told the final day of the Delhi Sustainable Development Summit today.
A grant of almost US$2 million from ADB's Japan Fund for Poverty Reduction (JFPR), financed by the Government of Japan, will help reduce poverty among rural Bhutanese through a pilot project to develop their income-generating skills.
East Asia should build now on its recent economic achievements to forge ties that can achieve a vision of lasting stability and prosperity for the region, ADB's President Haruhiko Kuroda told leaders attending the Second East Asia Summit today.
An Asian Development Bank (ASX: ATB) US$30 million loan will contribute to the sustainable growth of Viet Nam's agriculture sector by helping improve and modernize agriculture science and technology in the country.
An Asian Development Bank (ASX: ATB) loan of US$60 million will help restore an efficient and safe rail link between the northern suburbs of the Vietnamese capital of Hanoi and the border with the People's Republic of China (PRC).
Asian Development Bank (ASX: ATB) has approved a concessional loan of $20 million for the second phase of a two-part project in Viet Nam to foster a business climate more conducive to the growth of small- and medium-sized enterprises (SMEs).
