{"id":1919099,"date":"2026-05-05T17:25:50","date_gmt":"2026-05-05T14:25:50","guid":{"rendered":"https:\/\/analyse.optim.biz\/?p=1919099"},"modified":"2026-05-05T17:25:50","modified_gmt":"2026-05-05T14:25:50","slug":"asian-development-bank-announces-e65bn-regional-investment-plan-across-asia","status":"publish","type":"post","link":"https:\/\/analyse.optim.biz\/?p=1919099","title":{"rendered":"Asian Development Bank announces \u20ac65bn regional investment plan across Asia"},"content":{"rendered":"<p>[analyse_image type=&#8221;featured&#8221; src=&#8221;https:\/\/images.euronews.com\/articles\/stories\/09\/74\/68\/61\/1200x675_cmsv2_b0eea476-3cc7-5b7a-b949-a59ce983c858-9746861.jpg&#8221;]<\/p>\n<article id=\"abe-2891473-pos1-c-latest-stories\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2891473\" data-cid=\"9747851\" data-part-label=\"Partner content\">\n<figure id=\"abe-2891473-label-pos1-c-latest-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/74\/78\/51\/189x106_cmsv2_b242f7b9-586a-520d-a602-a276d0db02e2-9747851.jpg\" loading=\"lazy\" alt=\"Anti-coup protesters hold posters with an image of Aung San Suu Kyi as they gather in Yangon, 20 February, 2021 \" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Europe News<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Son of Myanmar&#8217;s ousted leader appeals to Macron for proof of life\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2891343-pos2-c-latest-stories\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2891343\" data-cid=\"9747116\" data-part-label=\"Partner content\">\n<figure id=\"abe-2891343-label-pos2-c-latest-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/74\/71\/16\/189x106_cmsv2_a3ba10e0-72c5-52c6-a217-ccc2abc7ec54-9747116.jpg\" loading=\"lazy\" alt=\"U.S. Trade Representative Jamieson Greer attends a joint media conference during the EU Trade Ministers meeting at the European Council building in Brussels, Nov. 24, 2025.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Europe News<\/p>\n<div class=\"the-media-object__title  \">\n<p>    EU trade chief urges US to \u2018swiftly\u2019 restore 15% tariff arrangement\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2891067-pos3-c-latest-stories\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2891067\" data-cid=\"9745811\" data-part-label=\"Partner content\">\n<figure id=\"abe-2891067-label-pos3-c-latest-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/74\/58\/11\/189x106_cmsv2_887de602-302d-5499-bd7c-a003a7b00966-9745811.jpg\" loading=\"lazy\" alt=\"EU High Representative for Foreign Affairs and Security Policy (EEAS) Kaja Kallas in Baku, 5 May 2026\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Azerbaijan<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Kallas visits Baku to advance &#8216;strategic partnership&#8217; with Azerbaijan\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2891446-pos4-c-latest-stories\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2891446\" data-cid=\"9747778\" data-part-label=\"Partner content\">\n<figure id=\"abe-2891446-label-pos4-c-latest-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/74\/77\/78\/189x106_cmsv2_bce8e6dd-dc9a-519f-93c7-ab764830e5b0-9747778.jpg\" loading=\"lazy\" alt=\"FILE: a wheat field as a combine harvests the crops in Cherkasy region, Ukraine, Tuesday, July 25, 2023\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Europe News<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Kyiv slams Egypt for taking Russian\u2011shipped grain stolen from Ukraine\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2891473-pos1-c-latest-stories-sidebar\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2\" data-nid=\"2891473\" data-cid=\"9747851\" data-part-label=\"Partner content\">\n<figure id=\"abe-2891473-label-pos1-c-latest-stories-sidebar\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/74\/78\/51\/189x106_cmsv2_b242f7b9-586a-520d-a602-a276d0db02e2-9747851.jpg\" loading=\"lazy\" alt=\"Anti-coup protesters hold posters with an image of Aung San Suu Kyi as they gather in Yangon, 20 February, 2021 \" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Europe News<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Son of Myanmar&#8217;s ousted leader appeals to Macron for proof of life\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2891343-pos2-c-latest-stories-sidebar\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2\" data-nid=\"2891343\" data-cid=\"9747116\" data-part-label=\"Partner content\">\n<figure id=\"abe-2891343-label-pos2-c-latest-stories-sidebar\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/74\/71\/16\/189x106_cmsv2_a3ba10e0-72c5-52c6-a217-ccc2abc7ec54-9747116.jpg\" loading=\"lazy\" alt=\"U.S. Trade Representative Jamieson Greer attends a joint media conference during the EU Trade Ministers meeting at the European Council building in Brussels, Nov. 24, 2025.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Europe News<\/p>\n<div class=\"the-media-object__title  \">\n<p>    EU trade chief urges US to \u2018swiftly\u2019 restore 15% tariff arrangement\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2891067-pos3-c-latest-stories-sidebar\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2\" data-nid=\"2891067\" data-cid=\"9745811\" data-part-label=\"Partner content\">\n<figure id=\"abe-2891067-label-pos3-c-latest-stories-sidebar\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/74\/58\/11\/189x106_cmsv2_887de602-302d-5499-bd7c-a003a7b00966-9745811.jpg\" loading=\"lazy\" alt=\"EU High Representative for Foreign Affairs and Security Policy (EEAS) Kaja Kallas in Baku, 5 May 2026\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Azerbaijan<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Kallas visits Baku to advance &#8216;strategic partnership&#8217; with Azerbaijan\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2891446-pos4-c-latest-stories-sidebar\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2\" data-nid=\"2891446\" data-cid=\"9747778\" data-part-label=\"Partner content\">\n<figure id=\"abe-2891446-label-pos4-c-latest-stories-sidebar\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/74\/77\/78\/189x106_cmsv2_bce8e6dd-dc9a-519f-93c7-ab764830e5b0-9747778.jpg\" loading=\"lazy\" alt=\"FILE: a wheat field as a combine harvests the crops in Cherkasy region, Ukraine, Tuesday, July 25, 2023\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Europe News<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Kyiv slams Egypt for taking Russian\u2011shipped grain stolen from Ukraine\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article class=\"helper-site-row o-article-newsy\">\n<div class=\"helper-site-container o-article-newsy__container\">\n<div class=\"o-article-newsy__main\">\n<header class=\"h-grid o-article-newsy__main__header\">\n<nav aria-label=\"Breadcrumbs\" class=\"c-article-breadcrumbs\">\n<div id=\"adb-article-breadcrumb\" class=\"c-article-breadcrumbs__list\">\n<p>                          Business<\/p>\n<p>                          Economy<\/p><\/div>\n<\/nav>\n<h1 class=\"c-article-redesign-title\">\n                            Asian Development Bank announces \u20ac65bn regional investment plan across Asia<\/h1>\n<div class=\"c-article-image-video u-position-relative \">\n<div class=\"js-superdiv u-aspect-ratio-16x9 u-position-relative u-max-width-1280 u-margin-x-auto\" data-video='{\"id\":\"xa86ony\",\"articleId\":2891281,\"title\":\"Asian Development Bank announces u20ac65bn regional investment plan across Asia\",\"url\":\"https:\/\/video.euronews.com\/mp4\/SHD\/43\/28\/65\/06\/SHD_PYR_4328656_20260505153059.mp4\",\"programId\":\"economy\",\"player\":\"dailymotion\",\"geoBlock\":[\"\"],\"sources\":[],\"description\":\"At its annual meeting in Samarkand, the Bank outlined a programme focused on cross-border energy and digital infrastructure. Officials detailed economic projections and new agreements while expanding regional investment priorities\",\"isLive\":false,\"articleUrl\":\"https:\/\/www.euronews.com\/video\/2026\/05\/05\/asian-development-bank-announces-65bn-regional-investment-plan-across-asia\",\"duration\":118960}' data-sponsored=\"Partner content\"><img fetchpriority=\"high\" decoding=\"async\" class=\"js-poster-img c-article-media__img\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/74\/68\/61\/1536x864_cmsv2_b0eea476-3cc7-5b7a-b949-a59ce983c858-9746861.jpg\" width=\"1536\" height=\"864\" loading=\"eager\" alt=\"Opening ceremony of the 59th Annual Meeting of the Board of Governors of the ADB\"><\/div>\n<div class=\"c-article-caption u-position-absolute\"><i id=\"article-caption-content\" class=\"c-article-caption__content\"><span class=\"c-article-caption__text\"><br \/>\n              Opening ceremony of the 59th Annual Meeting of the Board of Governors of the ADB<br \/>\n                    <span class=\"u-color-white\">&#8211;\u00a0<\/span><span class=\"c-article-caption__copyright\">Copyright\u00a0<\/span><span class=\"c-article-caption__credit\"> Press service of President of Uzbekistan<\/span><\/span><\/i><\/div>\n<div class=\"c-article-image-copyright\">\n      Copyright\u00a0 Press service of President of Uzbekistan\n  <\/div>\n<\/div>\n<\/header>\n<div class=\"h-grid o-article-newsy__main__body u-article-content\">\n<div class=\"o-article-newsy__contributors-publication-date\">\n<div class=\"c-article-contributors\">\n  By&amp;nbspDilbar Primova\n<\/div>\n<div class=\"c-article-publication-date\" data-timestamp=\"1778001950\">\n         Published on<br \/>\n            <time datetime=\"2026-05-05 19:25:50 +02:00\">05\/05\/2026 &#8211; 19:25 GMT+2<\/time><\/div>\n<\/div>\n<div class=\"c-article-partage-commentaire u-align-items-center u-display-flex\"><span class=\"c-article-partage-commentaire__links u-align-items-center u-display-flex u-justify-content-center 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loading=\"lazy\"><\/div>\n<div class=\"c-article-partage-commentaire-popup__content__embed_container u-display-none\"><span class=\"c-article-partage-commentaire-popup__content__embed__tooltip\"><br \/>\n                            Copy\/paste the article video embed link below:<br \/>\n                        <\/span><span class=\"c-article-partage-commentaire-popup__content__embed u-display-flex\"><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/icon-copy-to-clipboard.svg\" width=\"16\" height=\"16\" alt=\"Copy to clipboard\" class=\"u-cursor-pointer js-c-article-partage-commentaire-copy\" loading=\"lazy\"><span class=\"c-article-partage-commentaire-popup__content__embed--success-copied u-display-none js-c-article-partage-commentaire-video-embed-success-link-copied\"><br \/>\n                                Copied<br \/>\n                            <\/span><\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n<h2 class=\"c-article-summary\">\n        At its annual meeting in Samarkand, the Bank outlined a programme focused on cross-border energy and digital infrastructure. Officials detailed economic projections and new agreements while expanding regional investment priorities<br \/>\n    <\/h2>\n<div class=\"c-article-content c-article-content--business js-article-content\">\n<p>Almost \u20ac65 billion in planned regional investments, covering energy systems, digital infrastructure and cross-border connectivity across Asia and the Pacific, was announced by the Asian Development Bank, during its 59th Annual Meeting that took place in Samarkand, Uzbekistan.<\/p>\n<div>\n<div class=\"c-ad u-show-for-mobile-only\">\n<div class=\"c-ad__placeholder\"><img decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt loading=\"lazy\"><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<div class=\"c-ad u-show-for-desktop\">\n<div class=\"c-ad__placeholder\"><img decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt loading=\"lazy\"><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<\/div>\n<p>The programme was presented alongside updated financing data and economic projections, as policymakers and financial institutions met to assess regional priorities.<\/p>\n<p>More than 4,000 delegates from over 100 countries attended the meeting, including finance ministers, central bank governors and representatives of the private sector.<\/p>\n<p>The forum, held under the theme \u201cCrossroads of Development: Advancing a Connected Future,\u201d focused on energy, digital access, supply chains and economic coordination in a period of slower growth and rising costs.<\/p>\n<p>Opening the meeting, ADB President Masato Kanda addressed the need for coordinated responses across the region.<\/p>\n<div class=\"widget widget--type-image widget--size-fullwidth widget--animation-fade-in widget--align-center\" data-ratio=\"0.6665\">\n<div class=\"widget__wrapper\">\n<div class=\"widget__ratio widget__ratio--auto\">\n<div class=\"widget__contents\">\n<figure class=\"widget__figure\"><img decoding=\"async\" class=\"widgetImage__image\" loading=\"lazy\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/74\/68\/61\/808x539_cmsv2_322a03fb-3ebf-59ee-931d-13e89bc870fa-9746861.jpg\" alt=\"Masato Kanda, ADB president\"><figcaption class=\"widget__caption\"><span class=\"widget__captionWrap\"><span class=\"widget__captionText\">Masato Kanda, ADB president<\/span><span class=\"widget__captionCredit\">Press service of President of Uzbekistan<\/span><\/span><\/figcaption><\/figure>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>\u201cThe decisions we make at this new crossroads will secure the future for the next generation,\u201d he said. \u201cIn this fragmented world, traditional and isolated development responses will fail. To survive and thrive in this new era, we must build deeply connected and resilient systems.\u201d<\/p>\n<h2><strong>Investment in energy and digital infrastructure<\/strong><\/h2>\n<p>The \u20ac65 billion programme includes a \u20ac46 billion allocation for a Pan-Asia Power Grid, intended to connect renewable energy systems across borders and extend transmission capacity.<\/p>\n<p>According to the Bank, the project could link up to 20 gigawatts of renewable energy, expand transmission networks by 22,000 kilometres and provide energy access to around 200 million people by 2035.<\/p>\n<p>A further \u20ac18.2 billion is allocated to cross-border digital infrastructure, including broadband expansion and network development across participating economies.<\/p>\n<p>The Bank states that these investments are expected to reduce connectivity costs in remote and landlocked areas and increase access to energy and digital services.<\/p>\n<h2><strong>Annual financing and economic outlook<\/strong><\/h2>\n<p>During the meeting, ADB reported nearly \u20ac40 billion in support for the region in 2025, based on its latest financial data.<\/p>\n<p>Its Board of Governors approved financial statements that include a \u20ac1.34 billion net income allocation for reserves, concessional financing, technical assistance and disaster response.<\/p>\n<p>\u201cEnergy and digital access will define regional development,\u201d said Kanda, referring to the role of infrastructure in shaping economic activity across Asia and the Pacific.<\/p>\n<p>ADB also presented updated economic projections. Growth in developing Asia is forecast at 4.7% in 2026, while inflation is projected to reach 5.2%, reflecting higher energy prices and ongoing geopolitical pressures.<\/p>\n<h2><strong>Cooperation agreements with Uzbekistan<\/strong><\/h2>\n<p>Uzbekistan is among the countries expanding cooperation with ADB through new agreements announced during the meeting.<\/p>\n<p>The Bank\u2019s project portfolio in the country is approaching \u20ac15 billion, covering infrastructure, energy, agriculture and social development.<\/p>\n<p>Two agreements were signed, including a \u20ac92 million programme to modernise 200 schools through science, technology, engineering and mathematics education, and a \u20ac275 million initiative to expand financial inclusion.<\/p>\n<p>President Shavkat Mirziyoyev referred to the scope of ongoing cooperation.<\/p>\n<div class=\"widget widget--type-image widget--size-fullwidth widget--animation-fade-in widget--align-center\" data-ratio=\"0.666\">\n<div class=\"widget__wrapper\">\n<div class=\"widget__ratio widget__ratio--auto\">\n<div class=\"widget__contents\">\n<figure class=\"widget__figure\"><img decoding=\"async\" class=\"widgetImage__image\" loading=\"lazy\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/74\/68\/61\/808x539_cmsv2_e19bf763-6cb3-5350-a862-1da4ac8862d8-9746861.jpg\" alt=\"President of Uzbekistan and ADB head sign agreements on projects worth a total of \u20ac11 billion\"><figcaption class=\"widget__caption\"><span class=\"widget__captionWrap\"><span class=\"widget__captionText\">President of Uzbekistan and ADB head sign agreements on projects worth a total of \u20ac11 billion<\/span><span class=\"widget__captionCredit\">Press service of President of Uzbekistan<\/span><\/span><\/figcaption><\/figure>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>\u201cWe have identified clear plans to further expand our close cooperation with the Asian Development Bank in key areas such as poverty reduction, human capital development, and modern infrastructure,\u201d he said.<\/p>\n<p>\u201cIn today\u2019s turbulent world, where the global economy is undergoing complex changes and new technologies are rapidly advancing, the time itself demands that we introduce new mechanisms and effective approaches together with the Bank\u201d, he stressed.<\/p>\n<p>He also confirmed the signing of a \u20ac11 billion cooperation programme with ADB.<\/p>\n<h2><strong>Proposals on AI, transport and regional integration<\/strong><\/h2>\n<p>During the meeting, Uzbekistan presented several proposals related to regional development.<\/p>\n<p>\u201cWe propose developing a dedicated programme under the Asian Development Bank to scale up artificial intelligence in developing countries,\u201d President Mirziyoyev said.<\/p>\n<p>Uzbekistan also confirmed its intention to join the \u201cDigital Highway for Asia\u201d initiative and proposed the establishment of a regional coordination centre in Tashkent.<\/p>\n<p>On transport, the China\u2013Kyrgyzstan\u2013Uzbekistan railway was identified as a project expected to increase transit capacity and reduce delivery times to around 10 days, with an estimated capacity of up to 15 million tonnes of cargo per year.<\/p>\n<p>The proposal also includes the creation of a \u201cDigital Customs and Logistics Alliance\u201d within the CAREC framework to support trade processes.<\/p>\n<p>The discussion also included proposals related to climate policy and resource management.<\/p>\n<p>President Shavkat Mirziyoyev referred to the \u201cYashil Makon\u201d programme, which includes the planting of 200 million trees annually, and proposed expanding it through a regional \u201cCentral Asia Green Belt\u201d initiative.<\/p>\n<p>He also addressed the role of critical minerals in economic development, noting the importance of processing and value-added production within the region.<\/p>\n<\/div>\n<p>                                  Go to accessibility shortcuts<\/p>\n<div class=\"c-article-partage-commentaire u-align-items-center u-display-flex\"><span class=\"c-article-partage-commentaire__links u-align-items-center u-display-flex u-justify-content-center js-c-article-partage-commentaire-share\"><span>Share<\/span><\/span><span>Comments<\/span><\/div>\n<div id=\"adb-article-you-might-also-like\" class=\"perf-cv-auto c-article-you-might-also-like\">\n<h2 class=\"c-article-you-might-also-like__title\">\n        Read more<br \/>\n      <\/h2>\n<div class=\"c-article-you-might-also-like__container\">\n<article id=\"abe-2879041-pos0-c-article-you-might-also-like__item\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1 the-media-object--has-video\" data-nid=\"2879041\" data-cid=\"9688057\" data-part-label=\"Partner content\">\n<figure id=\"abe-2879041-label-pos0-c-article-you-might-also-like__item\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/68\/80\/57\/480x270_cmsv2_e8368bb3-8f06-5e07-9319-1e983b88e4c9-9688057.jpg\" loading=\"lazy\" alt=\"New copper concentration plant in Almalyk\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Business<\/p>\n<h3 class=\"the-media-object__title  \">\n<p>    New Almalyk Mining copper plant reaches 60m tonne capacity<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2863271-pos1-c-article-you-might-also-like__item\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2863271\" data-cid=\"9617512\" data-part-label=\"Partner content\">\n<figure id=\"abe-2863271-label-pos1-c-article-you-might-also-like__item\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/61\/75\/12\/480x270_cmsv2_0128a3c6-e9f2-5a5b-af2b-91dde07beae0-9617512.jpg\" loading=\"lazy\" alt=\"FILE. A man uses the NFC payment Visa system. 2017.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Economy<\/p>\n<h3 class=\"the-media-object__title  \">\n<p>    Uzbekistan sees lower shadow economy share as cashless payments rise<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2891281-pos2-c-article-you-might-also-like__item\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1 the-media-object--has-video\" data-nid=\"2891281\" data-cid=\"9746861\" data-part-label=\"Partner content\">\n<figure id=\"abe-2891281-label-pos2-c-article-you-might-also-like__item\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/74\/68\/61\/480x270_cmsv2_b0eea476-3cc7-5b7a-b949-a59ce983c858-9746861.jpg\" loading=\"lazy\" alt=\"Opening ceremony of the 59th Annual Meeting of the Board of Governors of the ADB\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Economy<\/p>\n<h3 class=\"the-media-object__title  \">\n<p>    ADB unveils \u20ac65bn plan for energy and digital connectivity<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<\/div>\n<\/div>\n<div class=\"perf-cv-auto\">\n<ul id=\"adb-article-tags\" class=\"c-tags-list\">\n<li class=\"c-tags-list__item\">\n<section class=\"tc-cta\" data-twig-component=\"Cta-default\">\n  Bank<br \/>\n<\/section>\n<\/li>\n<li class=\"c-tags-list__item\">\n<section class=\"tc-cta\" data-twig-component=\"Cta-default\">\n  Uzbekistan<br \/>\n<\/section>\n<\/li>\n<li class=\"c-tags-list__item\">\n<section class=\"tc-cta\" data-twig-component=\"Cta-default\">\n  Economy<br \/>\n<\/section>\n<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<aside class=\"o-article-newsy__aside\">\n<div class=\"c-ad-wrapper o-article-newsy__aside__content-1\" data-ad-name=\"adzone-halfpage\">\n<div class=\"c-ad c-ad-halfpage u-show-for-desktop\">\n<div class=\"c-ad__placeholder\"><img loading=\"lazy\" decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<div class=\"c-ad u-show-for-mobile-only\">\n<div class=\"c-ad__placeholder\"><img loading=\"lazy\" decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<\/div>\n<div id=\"adb-article-top-stories\" class=\"perf-cv-auto c-top-stories\">\n<h2 class=\"c-top-stories__title\">Top stories<\/h2>\n<div class=\"c-top-stories__item\">\n<article id=\"abe-2891290-pos2-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2891290\" data-cid=\"9746918\" data-part-label=\"Partner content\">\n<figure id=\"abe-2891290-label-pos2-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/74\/69\/18\/320x180_cmsv2_cc94e502-df51-5cfd-90e9-cade29c7b2fb-9746918.jpg\" loading=\"lazy\" alt=\"Farage holds a British passport the day before the Brexit vote.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Ten years of Brexit: How have UK equities and the pound performed?<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<\/div>\n<div class=\"c-top-stories__item\">\n<article id=\"abe-2891289-pos3-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2891289\" data-cid=\"9746914\" data-part-label=\"Partner content\">\n<figure id=\"abe-2891289-label-pos3-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/74\/69\/14\/320x180_cmsv2_10026c93-406a-50f3-b704-1d608ab96211-9746914.jpg\" loading=\"lazy\" alt=\"FILE. 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alt><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<\/div>\n<\/aside>\n<\/div>\n<\/article>\n<article id=\"abe-2879041-pos0-c-article-you-might-also-like__item\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1 the-media-object--has-video\" data-nid=\"2879041\" data-cid=\"9688057\" data-part-label=\"Partner content\">\n<figure id=\"abe-2879041-label-pos0-c-article-you-might-also-like__item\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/68\/80\/57\/480x270_cmsv2_e8368bb3-8f06-5e07-9319-1e983b88e4c9-9688057.jpg\" loading=\"lazy\" alt=\"New copper concentration plant in Almalyk\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Business<\/p>\n<h3 class=\"the-media-object__title  \">\n<p>    New Almalyk Mining copper plant reaches 60m tonne capacity<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2863271-pos1-c-article-you-might-also-like__item\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2863271\" data-cid=\"9617512\" data-part-label=\"Partner content\">\n<figure id=\"abe-2863271-label-pos1-c-article-you-might-also-like__item\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/61\/75\/12\/480x270_cmsv2_0128a3c6-e9f2-5a5b-af2b-91dde07beae0-9617512.jpg\" loading=\"lazy\" alt=\"FILE. A man uses the NFC payment Visa system. 2017.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Economy<\/p>\n<h3 class=\"the-media-object__title  \">\n<p>    Uzbekistan sees lower shadow economy share as cashless payments rise<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2891281-pos2-c-article-you-might-also-like__item\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1 the-media-object--has-video\" data-nid=\"2891281\" data-cid=\"9746861\" data-part-label=\"Partner content\">\n<figure id=\"abe-2891281-label-pos2-c-article-you-might-also-like__item\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/74\/68\/61\/480x270_cmsv2_b0eea476-3cc7-5b7a-b949-a59ce983c858-9746861.jpg\" loading=\"lazy\" alt=\"Opening ceremony of the 59th Annual Meeting of the Board of Governors of the ADB\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Economy<\/p>\n<h3 class=\"the-media-object__title  \">\n<p>    ADB unveils \u20ac65bn plan for energy and digital connectivity<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2891290-pos2-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2891290\" data-cid=\"9746918\" data-part-label=\"Partner content\">\n<figure id=\"abe-2891290-label-pos2-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/74\/69\/18\/320x180_cmsv2_cc94e502-df51-5cfd-90e9-cade29c7b2fb-9746918.jpg\" loading=\"lazy\" alt=\"Farage holds a British passport the day before the Brexit vote.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Ten years of Brexit: How have UK equities and the pound performed?<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2891289-pos3-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2891289\" data-cid=\"9746914\" data-part-label=\"Partner content\">\n<figure id=\"abe-2891289-label-pos3-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/74\/69\/14\/320x180_cmsv2_10026c93-406a-50f3-b704-1d608ab96211-9746914.jpg\" loading=\"lazy\" alt=\"FILE. The sign for a branch of HSBC near Liverpool Street Station in London, Nov. 2015\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    HSBC profits dip while UniCredit&#8217;s rise in latest earnings reports<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2891195-pos4-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2891195\" data-cid=\"9746491\" data-part-label=\"Partner content\">\n<figure id=\"abe-2891195-label-pos4-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/74\/64\/62\/320x180_cmsv2_9826b090-1e0b-5cff-b678-46962a1c2bac-9746462.jpg\" loading=\"lazy\" alt=\"A demonstration by the workers of Tubos Reunidos with the Bilbao headquarters of Iberdrola in the background of the image, from 14 April 2026.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Spanish steel pipe maker Tubos Reunidos goes insolvent after 134 years<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2891232-pos5-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2891232\" data-cid=\"9746651\" data-part-label=\"Partner content\">\n<figure id=\"abe-2891232-label-pos5-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/30\/69\/04\/320x180_cmsv2_066457d1-10a9-5d01-8e92-a60d4eb4e74e-9306904.jpg\" loading=\"lazy\" alt=\"Trader on Wall Street (file photo)\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    European markets mixed as oil prices stay elevated on Iran war fears<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2891019-pos6-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2891019\" data-cid=\"9745641\" data-part-label=\"Partner content\">\n<figure id=\"abe-2891019-label-pos6-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/74\/56\/41\/320x180_cmsv2_73bdb870-5da3-5781-8623-185fff9b8c53-9745641.jpg\" loading=\"lazy\" alt=\"FILE. The Anthropic website and mobile phone app are shown, Jul. 2024\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Anthropic reportedly in talks to secure UK-based Fractile AI chips<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2887814-pos1-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 m-modeXL-3 the-media-object--has-video the-media-object--has-related the-media-object--no-label\" data-nid=\"2887814\" data-cid=\"9729810\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Why is Europe&#8217;s break from Visa and Mastercard facing resistance?<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2891047-pos2-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 m-modeXL-3 the-media-object--has-related the-media-object--no-label\" data-nid=\"2891047\" data-cid=\"9745730\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Shipping giant MSC opens new trade route to bypass Hormuz disruption<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2890449-pos3-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 m-modeXL-3 the-media-object--has-related the-media-object--no-label\" data-nid=\"2890449\" data-cid=\"9743328\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Which European cities are driving the luxury housing surge?<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2891290-pos4-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 m-modeXL-3 the-media-object--has-related the-media-object--no-label\" data-nid=\"2891290\" data-cid=\"9746918\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Ten years of Brexit: How have UK equities and the pound performed?<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2888278-pos5-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 m-modeXL-3 the-media-object--has-video the-media-object--has-related the-media-object--no-label\" data-nid=\"2888278\" data-cid=\"9732334\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Richest countries in 2026: France and Germany fail to make the top 10<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<div class=\"articleBody\" data-key=\"articleBody\">Almost \u20ac65 billion in planned regional investments, covering energy systems, digital infrastructure and cross-border connectivity across Asia and the Pacific, was announced by the Asian Development Bank, during its 59th Annual Meeting that took place in Samarkand, Uzbekistan.The programme was presented alongside updated financing data and economic projections, as policymakers and financial institutions met to assess regional priorities.More than 4,000 delegates from over 100 countries attended the meeting, including finance ministers, central bank governors and representatives of the private sector.The forum, held under the theme \u201cCrossroads of Development: Advancing a Connected Future,\u201d focused on energy, digital access, supply chains and economic coordination in a period of slower growth and rising costs.Opening the meeting, ADB President Masato Kanda addressed the need for coordinated responses across the region.\u201cThe decisions we make at this new crossroads will secure the future for the next generation,\u201d he said. \u201cIn this fragmented world, traditional and isolated development responses will fail. To survive and thrive in this new era, we must build deeply connected and resilient systems.\u201dInvestment in energy and digital infrastructureThe \u20ac65 billion programme includes a \u20ac46 billion allocation for a Pan-Asia Power Grid, intended to connect renewable energy systems across borders and extend transmission capacity.According to the Bank, the project could link up to 20 gigawatts of renewable energy, expand transmission networks by 22,000 kilometres and provide energy access to around 200 million people by 2035.A further \u20ac18.2 billion is allocated to cross-border digital infrastructure, including broadband expansion and network development across participating economies.The Bank states that these investments are expected to reduce connectivity costs in remote and landlocked areas and increase access to energy and digital services.Annual financing and economic outlookDuring the meeting, ADB reported nearly \u20ac40 billion in support for the region in 2025, based on its latest financial data.Its Board of Governors approved financial statements that include a \u20ac1.34 billion net income allocation for reserves, concessional financing, technical assistance and disaster response.\u201cEnergy and digital access will define regional development,\u201d said Kanda, referring to the role of infrastructure in shaping economic activity across Asia and the Pacific.ADB also presented updated economic projections. Growth in developing Asia is forecast at 4.7% in 2026, while inflation is projected to reach 5.2%, reflecting higher energy prices and ongoing geopolitical pressures.Cooperation agreements with UzbekistanUzbekistan is among the countries expanding cooperation with ADB through new agreements announced during the meeting.The Bank\u2019s project portfolio in the country is approaching \u20ac15 billion, covering infrastructure, energy, agriculture and social development.Two agreements were signed, including a \u20ac92 million programme to modernise 200 schools through science, technology, engineering and mathematics education, and a \u20ac275 million initiative to expand financial inclusion.President Shavkat Mirziyoyev referred to the scope of ongoing cooperation.\u201cWe have identified clear plans to further expand our close cooperation with the Asian Development Bank in key areas such as poverty reduction, human capital development, and modern infrastructure,\u201d he said.\u201cIn today\u2019s turbulent world, where the global economy is undergoing complex changes and new technologies are rapidly advancing, the time itself demands that we introduce new mechanisms and effective approaches together with the Bank\u201d, he stressed.He also confirmed the signing of a \u20ac11 billion cooperation programme with ADB.Proposals on AI, transport and regional integrationDuring the meeting, Uzbekistan presented several proposals related to regional development.\u201cWe propose developing a dedicated programme under the Asian Development Bank to scale up artificial intelligence in developing countries,\u201d President Mirziyoyev said.Uzbekistan also confirmed its intention to join the \u201cDigital Highway for Asia\u201d initiative and proposed the establishment of a regional coordination centre in Tashkent.On transport, the China\u2013Kyrgyzstan\u2013Uzbekistan railway was identified as a project expected to increase transit capacity and reduce delivery times to around 10 days, with an estimated capacity of up to 15 million tonnes of cargo per year.The proposal also includes the creation of a \u201cDigital Customs and Logistics Alliance\u201d within the CAREC framework to support trade processes.The discussion also included proposals related to climate policy and resource management.President Shavkat Mirziyoyev referred to the \u201cYashil Makon\u201d programme, which includes the planting of 200 million trees annually, and proposed expanding it through a regional \u201cCentral Asia Green Belt\u201d initiative.He also addressed the role of critical minerals in economic development, noting the importance of processing and value-added production within the region.\u00a0<\/div>\n<p>[analyse_source url=&#8221;https:\/\/www.euronews.com\/business\/2026\/05\/05\/asian-development-bank-announces-65bn-regional-investment-plan-across-asia&#8221;]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[analyse_image type=&#8221;featured&#8221; src=&#8221;https:\/\/images.euronews.com\/articles\/stories\/09\/74\/68\/61\/1200x675_cmsv2_b0eea476-3cc7-5b7a-b949-a59ce983c858-9746861.jpg&#8221;] Europe News Son of Myanmar&#8217;s ousted leader appeals to Macron for proof of life Europe News EU trade chief urges US to \u2018swiftly\u2019 restore 15% tariff arrangement Azerbaijan Kallas visits Baku to advance &#8216;strategic partnership&#8217; with Azerbaijan Europe News Kyiv slams Egypt for taking Russian\u2011shipped grain stolen from Ukraine Europe News Son [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[90],"tags":[226,36],"class_list":["post-1919099","post","type-post","status-publish","format-standard","hentry","category-international","tag-crawlmanager","tag-euronews-com"],"_links":{"self":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/1919099","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1919099"}],"version-history":[{"count":0,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/1919099\/revisions"}],"wp:attachment":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1919099"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1919099"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1919099"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}