ADB/EU to boost skills of Myanmar’s youth

ADB/EU to boost skills of Myanmar’s youth

The Asian Development Bank (ADB) and the European Union (EU) are preparing a USD 26 million technical assistance (TA) grant to support reforms that will improve the quality and relevance of secondary education and technical and vocational education
ADB to Improve Community Resilience, Livelihoods of Around 3,000 Villages in Myanmar

ADB to Improve Community Resilience, Livelihoods of Around 3,000 Villages in Myanmar

ADB announced it has approved a new USD 195 million financing package for a project that will develop climate-resilient and market-oriented infrastructure and livelihoods in 2,942 villages in Myanmar’s Ayeyarwady, Chin, Sagaing, and Tanintharyi sta
ADB to help build all-weather rural roads in Myanmar

ADB to help build all-weather rural roads in Myanmar

On November 12th, the Asian Development Bank (ADB) announced that it had approved a financing package of over USD 50 million (loan + grant) to help upgrade 152 kilometers of roads in 4 rural townships of Ayeyawady and Magway Regions. Featuring raised

Myanmar-focused investment fund to be launched

Singaporean firm Ascent Capital Partners has launched a private equity fund focusing on Myanmar businesses in a range of sectors. Partners include a Myanmar firm, as well as a number of other high-profile investors. The Ascent Myanmar Growth Fund (AM
Parliament asked to approve ADB loan to improve electricity network

President urges electricity project to go ahead

President U Win Myint has called on the parliament to give the go ahead for a multi-million-dollar loan from the Asian Development Bank (ADB) that would help improve the  electricity supply in the country, according to an article in The Irrawaddy. T