Across Asia and the Pacific, ADB is working to promote cross-border infrastructure, trade integration, financial links, and regional public goods.
Global interconnectedness increased in the past decades, propelled by developments in technology and greater mobility in goods, services, capital, and labor.
Regional value chains, social integration and digitalization are boosting connectivity.
Asia and the Pacific continues to enhance efficiency through streamlined and digitalized trade processes.
The ASEAN Power Grid is a major initiative designed to connect the electricity networks of the 10 members countries of ASEAN, enabling cross-border power trading. ASEAN’s vision is to achieve fully integrated grid operations by 2045.
ADB’s commitment to regional cooperation and integration (RCI) has been a significant part of Asia’s rise as a manufacturing giant over the past forty years, made possible by sophisticated supply chain and production networks. This growth has created millions of jobs and brought development and increased prosperity to many countries in the region.
ADB projects contribute directly to the roads, power lines, bridges, ports, and border crossings that link member countries and boost growth and development throughout the region. The bank has also prioritised the building of trade agreements, treaties and regional institutions that facilitate cooperation and closer integration. ADB is also committed to helping the region collectively address transnational challenges such as pollution, climate change, pandemics like COVID-19, and financial shocks.
Results delivered in 2024 from ADB projects.
Cargo transported and energy transmitted across borders
Trade and investment facilitated
Measures to improve the efficiency and/or productivity of cross-border connectivity supported in implementation
ADB supports strengthening infrastructure connectivity between countries, enhancing trade, finance, and investment links. These have all had a major impact on economic development in the region. The bank also works to foster collective regional action on public health, environment, and climate change.
The PRC Inner Mongolia Sustainable Cross-Border Development Investment Program promotes cooperation between the PRC Inner Mongolia Autonomous Region (IMAR) and Mongolia. The program boosts economic inclusion, ecosystems, and crucial services in IMAR’s five border communities and surrounding areas.
Given the remoteness and dispersion of the Pacific islands, there’s a clear need for RCI tailored to the specific challenges of the Pacific. ADB prioritizes maritime connectivity, such as this project in the Solomon Islands improving port facilities.
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