DBT Manila’s Aid-Funded Business Newsletter - Asian Development Bank
Welcome back to the quarterly issue of the Department for Business and Trade (DBT) Manila’s Aid-Funded Business Newsletter, with a special focus on the Asian Development Bank (ADB).
The ADB is a multilateral climate development bank that envisions a prosperous, inclusive, resilient, and sustainable Asia and the Pacific.
DBT Manila actively engages with ADB and maintains relationships with key contacts to support UK companies pursuing ADB opportunities. These could be direct contracts for goods and services or new project opportunities funded by ADB in the Philippines and across the APAC region.
This newsletter provides the latest information on ADB news, activities, and opportunities to UK companies, partners, and other stakeholders.
Click here for more information on the UK’s contributions to ADB
Recap of Everything ADB
The ‘New’ ADB
Asia and the Pacific Transport Forum
Asia Clean Energy Forum (ACEF)
Business Opportunities: 2024 Project Pipeline
Upcoming Events
The New Operating Model
ADB’s new operating model has been in effect since the 30th of June 2023. It has repurposed its operations to increase its capacity as Asia’s Climate Bank; strengthen its work to develop the private sector and mobilize private investments in the region; provide a larger range of high-quality development solutions for its Developing Member Countries; and modernize ways of working to make it more responsive, agile and closer to clients.
ADB’s 5 regional departments and resident missions in countries with operations have become a single window for all its products and services. Staff and expertise from the sectors, themes, and other specializations have undergone a restructure, resulting in more staff working in the field that is closer to clients.
Click here for the full document
Asia and the Pacific Transport Forum
Tagged as the flagship transport sector event with capacity development training held last 14-17 May 2024. This year’s theme is titled “Clean Transport for All”, with a heavy focus on ADB as the climate bank and how the transport sector can decarbonize as well as ensure climate resilience of transport infrastructure.
The key objective of the forum is for ADB to showcase their technical and financial assistance and for DMC officials to gain a broader understanding of critical and emerging solutions for the transport sector issues facing the region.
Click here for access to event presentations
Asia Clean Energy Forum (ACEF)
With the theme of “Accelerating the Clean Energy Transition and Ensuring Energy Security and Affordability – Time for Urgent Action Now”, ACEF was successfully concluded last 3-7 June 2024 as a platform for increasing awareness and sharing knowledge about innovative and effective approaches including policy and regulatory frameworks, business models, and financing solutions that improve energy security, enhance access to affordable energy, promote good governance, and encourage private sector participation.
The Department for Energy Security and Net Zero (DESNZ) delivered a presentation on the Accelerate-to-Demonstrate (A2D) Facility which commercializes innovative clean energy solutions. Other UK presence would be FCDO Singapore, Innovate UK, Mott MacDonald, Arup, Coro, and Carbon Trust.
Click here for forum recordings
Business Opportunities: 2024 Project Pipeline (Philippines)
Priority sectors for ADB engagement include energy, transport, and water. Here are some indicative projects, including technical assistance:
(You may get in touch with Bernice Ermac for more information)
Energy
Philippines
Supporting Offshore Wind Port Development Planning
Transaction Advisory Services for the Preparation of PublicPrivate Partnership Projects - urgent!
Southeast Asia
Promoting an Interconnected, Inclusive, and Resilient Association of Southeast Asian Nations Capital Market
Transport
Philippines
Metro Manila Bridges Project - urgent!
Laguna Lakeshore Road Network Project
South Commuter Railway Project
Davao Public Transport Modernization Project
Infrastructure Preparation and Innovation Facility, Second Additional Financing
Strengthening Project Preparation Capacity in Asia and the Pacific (Subproject 4) - urgent!
Water and Other Urban Development
Philippines
Baguio Resilient City Tourism
Sustainable Tourism Development
Upcoming Events
24 September 2024 - ADB-HMG Mini-Conference, delivered by the UK Infrastructure and Projects Authority
9-10 October 2024 - 12th ADB Business Opportunities Fair
Get in Touch
Do you need guidance in navigating ADB and its projects?
Please contact: Bernice Ermac, Trade Manager for ADB, at dit.manila@fcdo.gov.uk
