DHAKA, BANGLADESH (18 January 2018) — Together with the Prime Minister Sheikh Hasina and representatives of development partners, Asian Development Bank (ADB) Vice-President Wencai Zhang attended the Bangladesh Development Forum (BDF) in Dhaka on 17 January 2018. As a keynote speaker of the opening session, he reaffirmed ADB’s commitment to supporting Bangladesh in achieving the Sustainable Development Goals (SDGs), and assisting the country in fulfilling its growth aspirations.
DHAKA, BANGLADESH (17 January 2018) — Asian Development Bank (ADB) Vice-President Wencai Zhang, attending the Bangladesh Development Forum (BDF) in Dhaka today, reaffirmed ADB’s commitment to supporting Bangladesh in achieving the Sustainable Development Goals (SDGs), and assisting the country in fulfilling its growth aspirations.
ADB's Board of Directors has approved the 3-year extension of the availability period of the MFF, approved in 2009, for the Water Resources Development Investment Program aimed to improve agricultural productivity in Afghanistan.
ADB has signed an equity investment of up to $50 million with True North VI LLP to provide equity capital to middle-market companies in India embarking on their next phase of growth.
ADB's Board of Directors has approved $75 million in additional financing to continue support toward the development of small and medium-sized enterprises (SMEs), considered vital for economic growth and job creation in Sri Lanka.
Online registration is now open for the 51st Annual Meeting of the Board of Governors of ADB, to be held on 3-6 May 2018 at ADB headquarters in Manila, the Philippines.
ADB President Takehiko Nakao today met with Financial Secretary and ADB Governor for Hong Kong, China Paul Chan Mo-po, and Chief Executive of the Hong Kong Monetary Authority and ADB Alternate Governor Norman Chan.
ADB operations—comprising approvals of loans and grants, technical assistance, and cofinancing—reached $28.9 billion in 2017 in its continued efforts to help meet Asia and the Pacific’s development needs.
ADB President Takehiko Nakao Speaks with Members of the Foreign Correspondents Association of the Philippines
ADB President Takehiko Nakao speaks with members of the Foreign Correspondents Association of the Philippines during a forum held on 12 January at ADB headquarters. Mr. Nakao discussed ADB's preliminary operations figures for 2017.
ADB returned to the US dollar bond market with the pricing of a dual-tranche $3.75 billion 3-year and a $1.5 billion 10-year global benchmark bond issue, proceeds of which will be part of ADB’s ordinary capital resources.