Event Brief
May 3, 2026 at 1:03 PM ET
ADB announces $70bn initiative for cross-border power
By The BriefBrief
The ADB announced a $70 billion plan to expand energy and digital infrastructure across Asia-Pacific by 2035.
WHO: The Asian Development Bank (ADB)
WHAT: Announced $50bn for a Pan-Asia Power Grid Initiative and $20bn for the Asia-Pacific Digital Highway.
WHEN: May 3, 2026 at 12:12 PM ET
WHERE: Samarkand, Uzbekistan
WHY: To strengthen power grid links, boost cross-border electricity trade, and increase broadband access.
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