EnergyInfrastructure

ADB and World Bank Launch ASEAN Power Grid Financing Initiative to Boost Regional Energy Integration

The Asian Development Bank and World Bank have jointly launched a major financing initiative for the ASEAN Power Grid project. According to reports, the ADB will commit $10 billion to develop interconnected power infrastructure across Southeast Asia.

Major Financing Initiative for Regional Energy Integration

The Asian Development Bank and World Bank have launched the ASEAN Power Grid Financing Initiative to support the development and integration of national power systems across Southeast Asia, according to reports from Malaysian state news agency Bernama.