ADB, Qatar Fund for Development Launch Partnership to Boost Infrastructure Development in Asia and the Pacific
Qatar, Dec. 10 -- The Asian Development Bank (ADB) and the Qatar Fund for Development (QFFD) signed a memorandum of understanding (MOU) to accelerate resilient infrastructure and economic development in developing countries across Asia and the Pacific. The signing ceremony was witnessed by His Excellency Sheikh Thani bin Hamad Al Thani, Chairperson of QFFD, and the agreement was signed by ADB Vice-President for Sectors and Themes Fatima Yasmin and QFFD Director General Fahad Hamad Al-Sulaiti. The 5-year MOU will guide cofinancing and joint initiatives across the region.The partnership is expected to mobilize concessional financing for infrastructure-related projects across priority areas including transport, urban development, and energy. S...
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