Masato Kanda & Asian Development Bank

Masato Kanda: Masato Kanda, President of the Asian Development Bank, announced the new financing facility, emphasizing its importance for the next industrial era and the region's economic development.

Asian Development Bank: The Asian Development Bank launched the Critical Minerals-to-Manufacturing Financing Partnership Facility to support the development of critical mineral supply chains in Asia and the Pacific, aiming to boost higher-value industries and clean energy technologies.

Masato Kanda: Masato Kanda, President of the Asian Development Bank, announced the $70 billion investment plan and emphasized its importance for the region's future growth and connectivity.

Asian Development Bank: The Asian Development Bank launched two major initiatives, the Pan-Asia Power Grid Initiative and the Asia-Pacific Digital Highway, committing $70 billion to enhance energy and digital connectivity across Asia and the Pacific by 2035.

Masato Kanda: Masato Kanda, as President of the Asian Development Bank and Chair of the MDB Heads Group, emphasized the importance of close cooperation among International financial institutions to support members and clients.