Other (not set)
Indonesia
Coastal
Budget
USD 68 873 222
Total Cost of the project
USD 7 123 288
GEF Allocation to project
Partners
ADB was conceived amid the postwar rehabilitation and reconstruction of the early 1960s. The vision was of a financial institution that would be Asian in character and foster economic growth and cooperation in the region - then one of the poorest in the world. The Philippines capital of Manila was chosen to host the new institution - the Asian Development Bank - which opened its doors on 19 December 1966, with 31 members to serve a predominantly agricultural region. Through the years, ADB's work and assistance levels has expanded alongside its membership as the region has undergone far-reaching changes.
Contacts
Senior Environment Specialist