Metro Manila · Asian Development Bank
Driven by a vision to improve people’s lives, the Asian Development Bank (ADB) based in Manila targets its investments wisely to help alleviate poverty. From infrastructure to health services to the improvement of public administration systems, ADB has always aimed to lend a helping hand.
The Asian Development Bank was conceived in the early part of the 1960s, amidst postwar rehabilitation and reconstruction efforts. The organization was formed through a resolution submitted to the first Ministerial Conference on Asian Economic Cooperation with the Philippine capital chosen as the host of the institution.
ADB officially opened in Manila on the 19th of December in the year 1966 with Takeshi Watanabe as its first President. The institution focused on food production efforts and development of rural areas for the first few years. By the 1970s, ADB expanded its assistance for health and education projects and, later on, it also started offering assistance to infrastructure and industry.
The Asian Development Bank has 26 country offices as well as representative offices in Frankfurt, Tokyo and Washington, DC. Since its inception in the late 1960s, ADB has contributed monetary and policy assistance to Asian nations in need, specifically those with high poverty rates.
Location And How To Get There
Traveling to ADB, as traveling in general, is not a good idea during rush hour and might take you quite a while, especially because the ADB headquarters is located adjacent to EDSA. If you don't like to travel via taxi or car, you can also take the public transport MRT and get off at MRT Ortigas station. It is conveniently located near ADB.