Asian Development Bank presented a draft report to Palau’s national leadership on Wednesday, January 22, of a study it commissioned for the three Freely Associated States (FAS) including Palau. The study looked at economic trends of the three countries over the past Compact periods, impact of each country’s Compact on their economy and the potential […]
Tag: Asian Development Bank
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ADB opens its first north Pacific office in Palau
The Asian Development Bank inaugurated the opening of its first north pacific office in Palau last night at the PDC building in downtown Koror. The historic event was marked by a ribbon cutting ceremony witnessed by Palau’s President Tommy E. Remengesau Jr., ADB’s Deputy Director General Jim Lynch (Pacific Department) and representatives from ADB, members […]
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ADB helps relocate Tonga’s Ha’apai Hospital as part of Project to manage Climate risks
HA’APAI, 06 NOVEMBER 2019 (ADB)— The Asian Development Bank (ADB) joined the Government of Tonga and other development partners in an inauguration ceremony today to officially open the Niu’ui Hospital in its new location in Ha’apai. The hospital was relocated to higher ground, as part of the ADB-supported Climate Resilience Sector Project. The King of […]
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Construction begins for Nauru’s first international port
AIWO, 21 OCTOBER 2019 (ADB) — With support from the Asian Development Bank (ADB), work has begun to transform the Aiwo Boat Harbour area, which will help make it Nauru’s first international and cargo terminal, improving the country’s maritime trade and connectivity. Nauru President, Lionel Aingimea today witnessed the upgrade work as engineers installed large […]
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ADB expands development office to country office in Palau
The Asian Development Bank (ADB) is expanding in Palau with an establishment of a country office to be completed by the end of the year, according to Development Coordinator for the ADB office here Ms. Alfonsa Koshiba. Earlier, ADB announced that it is expanding its presence in 11 Pacific island countries “to enhance the impact of […]