Asian Development Bank
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The Asian Development Bank (ADB) is a multilateral development finance institution dedicated to reducing poverty in Asia and the Pacific. It was founded in 1966 with 31 members states and has now grown to include 63.
The headquarters is at 6 ADB Avenue, Mandaluyong City, Metro Manila, Philippines.
ADB has offices (http://www.adb.org/About/field.asp) around the world.
The bank is led by a President, who is always from Japan and appointed by the Japanese government. The current President is Haruhiko Kuroda.
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Notable projects of the ADB
- Trans-Afghanistan Pipeline (US$3B)
- Gujarat(INDIA) Earthquake Rehabilitation and Reconstruction Project (US$500M)
- Central Asia Regional Economic Cooperation Program
Member states
External link
- The ADB website: http://www.adb.org
- ADB Institute: http://www.adbi.orgde:Asiatische Entwicklungsbank