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ADB Unveils $70 Billion Plan for Asia-Pacific Infrastructure

The Asian Development Bank (ADB) has launched a $70 billion plan aimed at developing energy and digital infrastructure across the Asia-Pacific region. This initiative includes financing for critical mineral supply chains, cross-border electricity trade, and increased broadband access.

3 May, 11:23 — 3 May, 23:00
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Sources

Showing 5 of 10 sources
nikkei-asiaHigh6h ago

ADB launches finance scheme for critical mineral supply chains - Nikkei Asia

ADB launches finance scheme for critical mineral supply chains  Nikkei Asia

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Korea HeraldMostly Factual41m ago

Eximbank partners with ADB to finance critical minerals supply chain

The Export-Import Bank of Korea has signed a memorandum of understanding with the Asian Development Bank to support critical minerals projects and establish a joint financing platform, the bank said Sunday. Under the agreement, Eximbank will commit $500 million by 2029 through its supply chain stabilization fund to participate in ADB’s newly launched critical minerals-to-manufacturing financing partnership facility, which targets projects across the Asia-Pacific. Eximbank President and CEO Hwang

By The Korea Herald

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DawnMostly Factual7h ago

ADB announces $70bn initiative to boost cross-border electricity trade, increase broadband access in Asia-Pacific

ISLAMABAD: The Asian Development Bank (ADB) announced on Sunday a $70 billion initiative on Sunday to expand energy and digital infrastructure across the ​Asia-Pacific region by 2035, aiming to strengthen power grid ‌links, boost cross-border electricity trade and increase broadband access. The plan includes $50bn for a new Pan‑Asia Power Grid Initiative and $20bn for the Asia-Pacific Digital Highway project. At the inaugural session of its May 3-6 annual meeting in Samarkand, the Manila-base...

By none@none.com (Khaleeq Kiani)

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express-tribuneMostly Factual12h ago

ADB launches $70b plan for energy, digital infrastructure in Asia-Pacific

Plan includes $50b for Pan Asia Power Grid initiative and $20b for tech and digital projects

By Reuters

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tempo-englishMostly Factual8h ago

Indonesia Broadens Education Ties in Southeast Asia-Western Pacific - Tempo.co English

Indonesia Broadens Education Ties in Southeast Asia-Western Pacific  Tempo.co English

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