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The Asian Development Bank (ADB) is a regional development bank established on 19 December 1966, [3] which is headquartered in 6 ADB Avenue, Mandaluyong, Metro Manila 1550, Philippines. [4] The bank also maintains 31 field offices around the world [ 5 ] to promote social and economic development in Asia.
The Central Asia Regional Economic Cooperation (CAREC) Program is a program established in 1997 by the Asian Development Bank (ADB) to encourage economic cooperation among countries in Central Asia and nearby parts of Transcaucasia and South Asia.
The Turkmenistan–Afghanistan–Pakistan–India (TAPI) Gas Pipeline, also known as Trans-Afghanistan Pipeline, is a natural gas pipeline being developed by the Galkynysh – TAPI Pipeline Company Limited with participation of the Asian Development Bank.
The Balakot Hydropower Project is a joint venture financially supported by both the Asian Development Bank and the Asian Infrastructure Investment Bank. The overall funding for this venture amounts to US$550 million, with the Asian Development Bank providing US$300 million, and the Asian Infrastructure Investment Bank contributing US$250 million.
The ADB is to invest $500 million in infrastructural development of the project. [1] Since late 2013, ADB has been supporting studies on transport corridors in India. Phase 1 of the ECEC is Visakhapatnam-Chennai Industrial Corridor (VCIC) which had been approved by the ADB board in October 2016.
Batumi Bypass Road Project: 114.2: Asian Development Bank 15 June 2017: India: India Infrastructure Fund: 150.0: Other investors 15 June 2017: Tajikistan: Nurek Hydropower Rehabilitation Project, Phase I: 60.0: World Bank and Eurasian Development Bank 4 July 2017: India: Gujarat Rural Roads Project: 329.0: Government of Gujarat 4 September 2017 ...
The Asian Development Bank Institute (ADBI) is an Asian think tank focused on identifying effective development strategies for Asia and the Pacific, and on providing support to ADB member countries in managing development challenges.
ADB funded projects. The 184-kilometer-long M-4 Motorway between Faisalabad and Multan does not fall under CPEC projects but is considered vital to the CPEC transportation network. It will be financed by the Asian Development Bank and the Asian Infrastructure Investment Bank, [129] marking the first project jointly financed by these banks. [151]