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Asian Development Bank Raises $100 Million for Regional Digital Growth

The Asian Development Bank has secured $100 million through its inaugural digital solutions bond, a three-year instrument listed on the Luxembourg Stock Exchange. Managed by Credit Agricole CIB, the capital targets infrastructure gaps in Asia and the Pacific, aiming to bridge the divide in connectivity and essential public service delivery.

Asian Development Bank Raises $100 Million for Regional Digital Growth

This issuance arrives under the bank’s Theme Bonds for Sustainable Development program. Proceeds will fund a diverse project portfolio, ranging from cybersecurity and broadband expansion to the modernization of government administrative systems. Tobias Hoschka, the bank's treasurer, frames these investments as the construction of "digital highways" intended to foster inclusive economic growth and resilience.

The initiative serves as a financial catalyst for the broader Asia-Pacific Digital Highway program, which carries a $20 billion investment target. The bank aims to provide reliable broadband access to 200 million people currently offline, while enhancing service speeds for an additional 450 million. Projections suggest these upgrades could slash regional internet costs by 40 percent by 2035, potentially spurring the creation of 4 million jobs as new technology-driven industries emerge. By linking financial yields to measurable development benchmarks, the bank seeks to mobilize private capital to modernize utilities, improve healthcare delivery, and expand educational access for underserved communities.

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