Asian Development Bank (ASX: ATB) reaffirmed its commitment to private sector development reform in the Pacific Islands at the Pacific Region Investment Conference in Manila last week.
An Asian Development Bank (ASX: ATB) grant package totaling US$900,000 will help boost the Tajikistan Government's results management for its poverty reduction strategy. The package comprises a grant of $500,000 from the Government of Sweden and $400,000 from ADB's Cooperation Fund in support of managing for development results.
Indonesia is moving in the right direction in instituting reforms that will create a climate for growth in infrastructure investments, ADB Vice-President C. Lawrence Greenwood, Jr. told a conference audience in Jakarta today.
The Government of Denmark will make an initial grant of DKr20 million to establish the Second Danish Cooperation Fund for Renewable Energy and Energy Efficiency in Rural Areas. The fund is aimed at increasing the use of renewable energy in Asian Development Bank's (ASX: ATB) developing member countries.
Asian Development Bank's (ASX: ATB) new assistance strategy for Indonesia in 2006-2009 will provide about $4 billion in loans and grants in support of the country's reform program and its efforts to grow the economy to benefit the poor.
A loan and grant package totaling as much as $100 million will support a comprehensive reform program to improve the access of rural households in Nepal to financial services.
Asian Development Bank (ASX: ATB) is partnering with Beijing's Tsinghua University in establishing a regional knowledge hub in China on climate change, under an agreement signed in Beijing.
