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Name of the organization |
Asian Development Bank |
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General information about the organization |
· The Asian Development Bank was established in 1966. Its head office is located in Manila, Philippines. As Japan holds the largest share in the Bank, the Bank's president is always a Japanese representative; · Masatsugu Asakawa has been heading the organization since April 2013; · The Asian Development Bank is financed by 68 member countries, with 49 of these countries situated in Asia and the Pacific. |
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Information about cooperation between Azerbaijan and the organization |
· Azerbaijan joined ADB on October 29, 1999 and its representative office in Azerbaijan has been operational since November 2004; · At present, 9 technical assistance projects are being carried out by ADB.
- Azerbaijan: Modernizing Vocational Education and Training for Economic Diversification Sector Development Program; - “Supporting Azerbaijan's Public-Private Partnership Development Center and Project Development Facility”; - Strengthening tax policy and administrative skills; - Development of Nonbank Finance and Alternative Financial Instruments for Economic Diversification; - Supporting Public Sector Governance Reform; - Technical Support for the Development of Irrigation and Drainage System in the Nakhchivan Autonomous Republic; - Technical Assistance for Fostering Development of Local Tech Startups; - Strengthening Knowledge Management for more Effective Economic Policies; - Support for Rail Transit Operations and Investment Planning. · 4 regional technical assistance projects are under implementation within the Central Asia Regional Economic Cooperation (CAREC) Program of ADB. |
