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New ADB Facility to Help Southeast Asia Revive Tourism and Boost Sustainable, Inclusive Investments

New ADB Facility to Help Southeast Asia Revive Tourism and Boost Sustainable, Inclusive Investments

 The Asian Development Bank (ADB) has set up a $1.7 million technical assistance facility to accelerate Southeast Asia’s tourism recovery from the coronavirus disease (COVID-19) pandemic, boost inclusive, sustainable development in the sector, and help local tourism entrepreneurs, especially women and youth, adopt digital platforms to grow their businesses.

 

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ADB Initiates Coronavirus Response

ADB Initiates Coronavirus Response

The Asian Development Bank (ADB) today approved $2 million in new funding to support efforts to combat the spread of the novel coronavirus (nCoV).

The funds will supplement an ongoing regional technical assistance and strengthen response capacity in Cambodia, the People's Republic of China, the Lao People's Democratic Republic, Myanmar, Thailand, and Viet Nam.

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