ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Deputy Prime Minister and Minister of Finance Taro Aso at the Asian Development Bank's annual meeting in Yokohama, Japan, on May 6. (Photo by Akira Kodaka)
ADB Annual Meeting 2017

Japan to donate $40m to ADB infrastructure fund

Development bank to promote high-tech projects in Asia

KENTARO IWAMOTO, Nikkei staff writer | Japan

YOKOHAMA, Japan -- Japan will donate a total of $40 million to assist with high-level infrastructure projects elsewhere in Asia, Deputy Prime Minister and Minister of Finance Taro Aso announced on Saturday at the Asian Development Bank's annual meeting.

The funds will be transferred over the next two years to the ADB's newly established High-Level Technology Fund, which is designed to help with cutting-edge projects in Asia in fields such as clean energy and transportation. The fund will be used to hire experts, cover additional costs of adopting new technologies and provide necessary equipment.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more