Rajat Kumar Mishra, Additional Secretary, department of economic affairs in the ministry of finance, and Hoe Yun Jeong, Officer-in-Charge, India Resident Mission, ADB, have signed the project for Connecting Economic Clusters for Inclusive Growth in Maharashtra.
The Asian Development Bank (ADB), in its report released on annual procurement, ranked Indian-PSU company WAPCOS as top amongst consulting services firms in water and other infrastructure sectors, with the highest sanctioned financed amount.
The Indian government and Asian Development Bank (ADB) on Tuesday signed a USD 125 million loan to develop climate-resilient sewage collection and treatment and drainage and water supply systems in three cities of Tamil Nadu.
Major issues with Pakistan's energy sector were highlighted by the Asian Development Bank (ADB) in its Central Asia Regional Economic Cooperation (CAREC) ENERGY OUTLOOK 2030, Geo News reported.
Headwinds that are continuing to hamper recovery in developing Asia include recurrent lockdowns in China, the Russian invasion of Ukraine, and slowing global growth, ADB said in its Asian Development Outlook.
The developing Asia's economy will grow 4.2 per cent this year and 4.6 per cent next year, according to Asian Development Outlook (ADO) 2022, released on Wednesday. ADB estimated in September that the economy would grow 4.3 per cent in 2022 and 4.9 per cent in 2023. Growth in China, which is
The "Loan 4167--PAK: Greater Thal Canal Irrigation Project" worth USD 200 million was due to be spent on constructing the next phase of the GTC Project in Punjab.
The financing will be used for long-term capital requirements for engineering, procurement, and construction, and the subsequent operation and maintenance of the sewage treatment plants.
The ADB loan will help enhance access to financial services for vulnerable groups, most notably micro, small, and medium-sized enterprises (MSMEs); women; youth; and those living in rural areas, ADB said in a statement on Tuesday.
It will help countries to mobilize financing for nationally determined contributions by improving investment planning, identifying and developing projects, and building country capacity to accelerate a pipeline of green projects for the region.