The Asian Development Bank (ADB) was established in 1966. Its head office is located in Manila, Philippines. As Japan is the Bank's largest shareholder, the Bank's president is always a Japanese representative. Masatsugu Asakawa is heading the organization since April 2013. There are 67 member countries financed by the Asian Development Bank, 48 of which are located in Asia and the Pacific.
Azerbaijan joined ADB on October 29, 1999 and its representative office in Azerbaijan is operational since November 2004. At present, 9 technical assistance projects are carried out by ADB.
9 regional technical assistance projects are under implementation within the Central Asia Regional Economic Cooperation (CAREC) Program of ADB.
Projects implemented by ADB in Azerbaijan:
1 |
Azerbaijan: Modernizing Vocational Education and Training for Economic Diversification Sector Development Program |
Beneficiaries: Ministry of Science and Education Duration: 2022-2023 |
2 |
“Supporting Azerbaijan's Public-Private Partnership Development Center and Project Development Facility” |
Beneficiary: Ministry of Economy Duration: 2021-2022 |
3 |
Strengthening tax policy and administrative skills |
Beneficiary: State Tax Service, Ministry of Finance Duration: 2019-2022 |
4 |
Development of Nonbank Finance and Alternative Financial Instruments For Economic Diversification |
Beneficiary: Central Bank Duration: 2017-2022 |
5 |
Supporting Public Sector Governance Reform |
Beneficiary: Ministry of Finance Duration: 2019-2022 |
6 |
Technical Support for the Development of Irrigation and Drainage System in the Nakhchivan Autonomous Republic |
Beneficiary: “Nakhchivan Amelioration and Water Farm” OJSC Duration: 2020-2022 |
7 |
Technical Assistance for Fostering Development of Local Tech Startups |
Beneficiaries: The State Agency for Public Service and Social Innovations under the President of the Republic of Azerbaijan Duration: 2020-2022 |
8 |
Strengthening Knowledge Management for more Effective Economic Policies |
Beneficiaries: The State Agency for Public Service and Social Innovations under the President of the Republic of Azerbaijan Duration: 2020-2022 |
9 |
COVID-19 Active Intervention and Cost Support Program |
Beneficiaries: The Administration of the Regional Medical Divisions Duration: 2021-2022 |