Philippines and ADB
In the Spotlight
A new ADB loan will help the Philippine government boost youth employment.
ADB Approves $200 Million Loan to Support Delivery of Flagship Infrastructure Projects in Philippines
乐动体育注册ADB has approved a $200 million loan to help the Philippine government prepare and implement major infrastructure projects under its flagship “Build, Build, Build” development program.
乐动体育注册ADB support for the Philippine Competition Commission will build staff skills and support effective enforcement of new law.
乐动体育注册The Philippines is among the fastest-growing economies in Southeast Asia, with upgrades to sovereign investment ratings confirming improvements in the country’s macroeconomic fundamentals. The government has defined its development objectives as driving rapid but inclusive economic growth, accelerating employment on a massive scale, and reducing poverty.
Since 1966, ADB has been a strong partner in the development of the Philippines, its host country. The country operations business plan, 2019–2021乐动体育注册 is aligned with ADB's country partnership strategy, 2018–2023 for the Philippines.
The Philippines is part of the Brunei Darussalam-Indonesia-Malaysia-Philippines East ASEAN Growth Area (BIMP-EAGA).
Projects in the Philippines
- EDSA Greenways Project (from the restructured Metro Manila Transport Project, Phase 1)
- Strengthening Public-Private Partnerships in the Philippines (Phase 2)
- Empowering Bangsamoro Communities Through Alternative Learning System and Productivity Enhancement Project
- City Disaster Insurance Pool Project
- Support to Capital Market-Generated Infrastructure Financing (Subprogram 1)
- Southeast Asia Transport Project Preparatory Facility Phase 2
- Strengthening the Transition of Vulnerable Communities Affected by the Malolos-Clark Railway Project
- Promoting an Interconnected, Inclusive, and Resilient Association of Southeast Asian Nations Capital Market
- Developing Insurance Markets for Sustainable and Resilient Societies in Asia and the Pacific
- 2020 International Comparison Program for Asia and the Pacific
- Inclusive Finance Development Program (Subprogram 1)
- Expanding Private Participation in Infrastructure Program, Subprogram 2
- Metro Manila Transport Project, Phase 1
- Facilitating Youth School-to-Work Transition Program (Subprogram 1)
- Local Government Finance and Fiscal Decentralization Reform Program, Subprogram 2