ADB placed a temporary hold on sovereign project disbursements and new contracts in Myanmar effective 1 February 2021. ADB is closely monitoring the situation in Myanmar and remains committed to supporting its people.
ADB has approved a $100 million aid package from the Asian Development Fund to deliver integrated humanitarian assistance and build long-term community resilience for the people of Myanmar.
The Asian Development Bank (ADB) remains deeply concerned about the situation in Myanmar and will continue to consult with shareholders and stakeholders regarding its operations in the country, which have temporarily been placed on hold since 1 February 2021.
This report shows why Southeast Asian countries need to prioritize core sectors ranging from tourism to digital trade as they hammer out policies to boost post-COVID-19 recovery and secure a greener future.
The fragile and conflict-situations and small island developing states approach presents ADB's new way of doing business in its most vulnerable members, which are at further risk because of the COVID-19 crisis.
ADB remains deeply concerned about the situation in Myanmar and will continue to consult with shareholders and stakeholders regarding its operations in the country, which have temporarily been placed on hold since 1 February 2021.
ADB had committed 120 public sector loans, grants, and technical assistance totaling $3.7 billion to Myanmar.
Nay Pyi Taw Office, PARKROYAL Hotel, Gangaw Villa, 13/14 Hotel Zone Dekhina Thiri Township, Nay Pyi Taw, Myanmar
Office Hours: 9:00 a.m. to 6:00 p.m. (Monday to Friday)
Yangon Office, Union Business Centre (UBC), Room : 04-05, 4th Floor, Natmauk Road Bo Cho Quarter, Bahan Township, Yangon, Myanmar
Office Hours: 9:00 a.m. - 6:00 p.m. (Monday to Friday)
ADB started reengagement in Myanmar in early 2012 and formally established its Myanmar Resident Mission (MYRM) in April 2014, with offices in Nay Pyi Taw and Yangon. MYRM provides the primary interface for ADB operations between ADB and government, the private sector, civil society stakeholders, and other development partners. MYRM engages in policy dialogue, country strategy development and programming, portfolio management, and knowledge management.
ADB in Myanmar aims to promote inclusive and sustainable economic growth with focus on infrastructure (transport, energy, and urban development); education and training; and agriculture and rural development. ADB also focuses on capacity development and governance, private sector development, environment, climate change and disaster risk management, and regional integration, gender equity, context sensitivity, and knowledge solutions.
The Myanmar government agency handling ADB affairs is the Ministry of Planning and Finance.
The Myanmar Resident Mission will be closed on these dates:
Last updated: 12 November 2024
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