India, Feb. 18 -- Asian Development Bank (ADB) President Masato Kanda met today with Vanuatu Prime Minister Jotham Napat to celebrate a long-term partnership for development and acknowledge Vanuatu's ambition to scale up private investment. During the meeting, Mr. Kanda highlighted ADB's ongoing support for the country's economic resilience, underpinned by an active sovereign portfolio of $186 million across 12 projects.
"For 45 years, ADB and Vanuatu have built a partnership rooted in mutual trust and a shared ambition to overcome challenges and build a more resilient future," said Mr. Kanda. "We stand fully behind Vanuatu's vision for equitable and sustainable growth driven by a vibrant private sector. We are deploying innovative financi...