In Short : The ADB President visited Uzbekistan to mark 30 years of partnership and reaffirm the bank’s commitment to supporting the nation’s development goals. Discussions focused on enhancing cooperation in energy, infrastructure, climate resilience, and private sector growth. ADB emphasized its long-term support for Uzbekistan’s reforms, highlighting progress in economic modernization and future opportunities […]
ADB President Announces Plans to Invest Up to $2.5B in Azerbaijan, Strengthen Partnership – EQ
In Short : ADB President Masato Kanda has announced plans to invest up to $2.5 billion in Azerbaijan under a new partnership strategy. During his meeting with President Ilham Aliyev, both sides reaffirmed commitments to deepen cooperation. The investment is expected to support key development priorities, including infrastructure, energy and economic diversification, strengthening ADB’s long-term […]
ADB President Strengthens Partnership with Canada during Visit, Explores Opportunities for Private Sector Engagement – EQ
In Short : Asian Development Bank (ADB) President Masatsugu Asakawa strengthened the bank’s partnership with Canada during his official visit, focusing on sustainable development and private sector collaboration. The discussions highlighted joint efforts in clean energy, climate resilience, and infrastructure investment across Asia and the Pacific. The partnership aims to mobilize private capital to drive […]
ADB President Strengthens Partnership with Armenia, Honors 20 Years of Development Cooperation – EQ
In Short : ADB President reaffirmed the bank’s strong partnership with Armenia while celebrating 20 years of development cooperation. Discussions with Armenian leaders focused on advancing infrastructure, energy, and private sector projects. ADB highlighted its commitment to supporting Armenia’s green growth, resilience, and inclusive development, while emphasizing the role of strategic investments in shaping sustainable […]
ADB President Calls for Increased Innovation Investment at STS Forum – EQ
In Short : At the STS Forum in Jakarta, ADB President Masato Kanda urged greater investment in innovation to drive sustainable, inclusive growth across Southeast Asia. He announced commitments including $10 billion for the ASEAN Power Grid and $40 billion to transform food systems by 2030. Kanda emphasized the need for regional cooperation, public-private partnerships, […]
ADB President Supports Timor-Leste’s ASEAN Entry, Pledges to Expand Development Cooperation – EQ
In Short : ADB President Masatsugu Asakawa reaffirmed support for Timor-Leste’s ASEAN membership bid and pledged to enhance development cooperation. During his visit, he highlighted ADB’s role in strengthening institutional capacity through tailored training under a $2.3 million program. The initiative aims to accelerate Timor-Leste’s regional integration, economic growth, and preparedness for full ASEAN membership […]
ADB President Announces Paris Office, Deepens Partnerships at Financing for Development Conference – EQ
In Short : At the Financing for Development Conference, ADB President Masatsugu Asakawa announced the opening of a new Paris office to strengthen European ties. ADB also doubled its co-financing target with France’s AFD to \$6 billion for 2026–2028. Asakawa emphasized mobilizing private capital and deepened partnerships with OECD, IFAD, and others to boost climate, […]
ADB President Signals Bigger Singapore Presence in Talks with Prime Minister – EQ
In Short : ADB President Masatsugu Asakawa and Singapore’s Deputy PM Lawrence Wong have renewed their collaboration through a fresh MOU to boost innovation, investment, and digital tech across Asia-Pacific. The agreement, expanding on a 2012 pact, aims to strengthen ties via ADB’s Singapore office, fostering livable cities, fintech, and climate solutions through both public […]
ADB President Announces $10 Billion Plan for India’s Urban Transformation – EQ
In Short : The Asian Development Bank has pledged \$10 billion to transform urban infrastructure in India over five years. The investment will support metro expansion, regional transit systems, and smart urban planning. ADB will also assist with India’s Urban Challenge Fund, boosting private investment. The initiative aligns with the nation’s “Viksit Bharat @2047” vision […]
ADB President Calls for Collective Action to Solve Complex Challenges Together at 58th Annual Meeting of the ADB Board of Governors – EQ
In Short : At ADB’s 58th Annual Meeting in Milan, President Masatsugu Asakawa urged bold collective action to tackle Asia-Pacific’s challenges, including climate change, debt, and digital gaps. With over 5,000 attendees, ADB outlined priorities like transforming food systems, modernizing energy, boosting private sector finance, and enhancing resilience—emphasizing reforms, regional cooperation, and private sector involvement […]