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ADB
The Philippines capital of Manila was chosen to host the new institution, which opened on 19 December 1966, with 31 members that came together to serve a predominantly agricultural region. Takeshi Watanabe was ADB’s first President.
During the 1960s, ADB focused much of its assistance on food production and rural development.
The ADB was modeled closely on the World Bank, and has a similar weighted voting system where votes are distributed in proportion with members’ capital subscriptions. As of 31 December 2018, Japan and the United States each holds the largest proportion of shares at 15.571%. China holds 6.429%, India holds 6.317%, and Australia holds 5.773%.
Articles
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ADB to Provide $500 mln for Rural Housing in Uzbekistan
1 June 2017, by Nazar TAMASHEVSKA -
ADB Provides $200mln Loan for Kazakhstan to Finance MSMEs
28 October 2016, by Catherine BISSON-SERIAN -
$500 Million Loan to Help Uzbekistan Improve Rural Housing
31 August 2011 -
Russia’s Lukoil Secures $500 million Loan for Uzbek Gas Project
30 March 2012 -
ADB-Funded Uzbekistan Rail Project to Accelerate Regional Trade
29 September 2011 -
ADB Assesses Economic Losses in Kazakhstan
29 June 2020 -
Tajikistan Improves Connectivity and Increases Trade with CAREC Support
25 October 2012 -
ADB $500 Million Investment Program Aids Uzbekistan’s Push for Increased Trade, Growth
27 August 2011 -
ADB, EBRD Strengthen Ties in Caucasus and Central Asia
23 November 2011 -
ADB Helps Uzbekistan to Provide Water in Rural Areas
9 March 2013
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