Name of the organization |
Asian Development Bank |
General information about the organization |
· The Asian Development Bank was established in 1966. Its head office is located in Manila, Philippines. As Japan holds the largest share in the Bank, the Bank's president is always a Japanese representative; · Masatsugu Asakawa has been heading the organization since January 2020; · The Asian Development Bank is financed by 68 member countries, with 49 of these countries situated in Asia and the Pacific. |
Information about cooperation between Azerbaijan and the organization |
· Azerbaijan joined ADB on October 29, 1999 and its representative office in Azerbaijan has been operational since November 2004; · Sunniya Durrani Jamal is a country director of Azerbaijan Resident Mission at the Asian Development Bank; · At present, 8 technical assistance projects are being carried out by ADB. · Current projects: - Azerbaijan: Modernizing Vocational Education and Training for Economic Diversification Sector Development Program; - Supporting Public Sector Governance Reform; - Preparing Irrigation and Drainage System Development in Nakhchivan Autonomous Republic; - Azerbaijan: Fostering Development of Local Technical Start-Ups; - Strengthening Knowledge Management for more Effective Economic Policies; - Support for Railway Transit Operations and Investment Planning; - Support of Azerbaijan Public-Private Partnership Development Center and Project Development Fund; - COP29 Capacity Development. · 10 regional technical assistance projects are under implementation within the Central Asia Regional Economic Cooperation (CAREC) Program of ADB. |