In Short : The Asian Development Bank (ADB) has approved a loan to support Sri Lanka’s power system expansion and renewable energy integration. The initiative aims to modernize the power grid, enhance electricity access, and facilitate the incorporation of renewable energy sources. This project aligns with Sri Lanka’s goals to improve energy security, reduce carbon […]
$200 Million ADB Loan to Help Prepare High-Quality, Climate-Resilient Philippine Infrastructure Projects – EQ
In Short : The Asian Development Bank (ADB) has provided a $200 million loan to support the Philippines in preparing high-quality and climate-resilient infrastructure projects. This financial assistance is likely aimed at helping the country enhance its infrastructure development while ensuring that the projects are resilient to the impacts of climate change. In Detail : […]
ADB Loan to Boost Energy Supply and Distribution in Dhaka, Bangladesh – EQ
In Short : The Asian Development Bank (ADB) has approved a $200 million loan to Bangladesh for the Dhaka Power System Upgrade and Expansion Project. The loan aims to boost the energy supply and distribution in Dhaka, the capital city of Bangladesh. In Detail : MANILA, PHILIPPINES : The Asian Development Bank (ADB) has approved […]
ADB Loan to Help Boost Resilience of Pakistan’s Urban Environment – EQ
In Short : Under the ADB loan, various measures will be taken to address these issues. This includes the construction and upgrading of solid waste management facilities, establishment of recycling centers, and implementation of waste-to-energy projects. The loan will also support the improvement of drainage systems, including the construction of stormwater drains and upgrading of […]
$200 Million ADB Loan to Promote Efficiency and Energy Transition in Bangladesh – EQ
In Short : ADB’s loan will enable Bangladesh to invest in projects that prioritize energy efficiency measures, such as upgrading power transmission and distribution systems and improving energy management practices. Additionally, this funding will support the development of renewable energy projects, such as solar and wind power, which will contribute to reducing carbon emissions and […]
$350 Million ADB Loan to Boost Indonesia’s Health Transformation Program – EQ
In Short : The program also promotes the integration of health information systems in primary care facilities with the MOH’s SatuSehat or the digital health platform and supports the Sustainable Development Goals attainment, particularly Goal 3 (good health and well-being), and Goal 5 In Detail : MANILA, PHILIPPINES : The Asian Development Bank (ADB) has approved a […]
$500 Million ADB Loan to Support Philippine Agriculture Sector Reforms – EQ Mag
MANILA, PHILIPPINES : The Asian Development Bank (ADB) has approved a $500 million policy-based loan to help the Government of the Philippines expand economic opportunities in agriculture while ensuring near- to long-term food security for the population. The loan supports Subprogram 2 of the Competitive and Inclusive Agriculture Development Program, which aims to further develop […]
$500 Million ADB Loan to Support Indonesia’s Energy Sector, Green Recovery – EQ Mag
MANILA, PHILIPPINES : The Asian Development Bank (ADB) has approved a $500 million loan to support Indonesia’s energy sector reforms to boost fiscal sustainability and governance, expand private sector investments in clean and renewable energy, and promote green recovery from the coronavirus disease (COVID-19) pandemic. ADB will also administer a $15 million loan for the […]
ADB Loan to Unlock Long-Term Financing for Solar Power in Viet Nam
HA NOI, VIET NAM : The Asian Development Bank (ADB) today signed a $37.8 million loan deal with TTC Energy Development Investment Joint Stock Company (TTC Energy) to provide long-term financing to develop and operate a 50-megawatt (MW) photovoltaic solar power plant in Tay Ninh Province in Viet Nam. ADB’s assistance for the Gulf Solar […]