ADB remains deeply concerned about recent developments in Myanmar and will continue to consult with shareholders and other stakeholders on any operations in the country.
ADB is one of Cambodia's largest sources of official development assistance, with average annual lending of $329.8 million from 2016-2021. The bank's support is aligned with the Cambodia's National Strategic Development Plan 2019-2023.
This report compares the Regional Comprehensive Economic Partnership (RCEP) with other free trade agreements and suggests how policy makers can promote its successful implementation.
This report explains why Southeast Asian countries need to design pandemic recovery policies that hit both ambitious socioeconomic and environmental goals.
Electricity demand in Viet Nam is expected to grow at 8% annually through to 2030. Meeting this demand will require increasing power generation capacity and developing more renewable sources of energy. Building the infrastructure to generate and transmit the extra energy capacity will require significant amounts of financing and strong collaboration.
Electricity trade between Cambodia and the Lao People’s Democratic Republic raised the annual value of bilateral trade to more than $100 million in 2020 from a previous value of $10 million-$20 million. This was noted by Cambodia Deputy Prime Minister, Minister of Foreign Affairs and International Cooperation Prak Sokhonn and Lao Foreign Affairs Minister Saleumxay Kommasith in their meeting on 16 February. Mr. Kommasith was in Phnom Penh, Cambodia, from 15-17 February 2022 to attend the ASEAN Foreign Ministers’ Retreat.
The Government of Japan today announced a grant of $25 million toward the Energy Transition Mechanism (ETM) partnership led by the Asian Development Bank (ADB).
The 28th Meeting of the Regional Power Trade Coordination Committee (RPTCC-28) was held on 26ꟷ27 August 2021 via web-based conferencing.
The Lao People’s Democratic Republic (Lao PDR) hosted the 28th Regional Power Trade Coordination Committee (RPTCC) on 26-27 August 2021, organized by the Southeast Asia Department Energy Division of the Asian Development Bank (ADB SEEN). The Meeting was co-chaired by Dr. Akhomdeth Vongsay, Director General, Department of Planning and Cooperation, Ministry of Energy and Mines and ADB staff in charge of GMS cooperation and regional cooperation and integration (RCI) focal.
Viet Nam President Nguyen Xuan Phuc and Lao PDR President Thongloun Sisoulith pledged to continue to give the highest priority to their bilateral cooperation, and noted the need to closely coordinate in Mekong subregional cooperation mechanisms. The Viet Nam President was in Lao PDR on 9-10 August for his first official overseas visit. On 9 August, he held talks with his counterpart.