MANILA, PHILIPPINES (1 December 2010) -
The Asian Development Bank (ADB) will set up a new fund which will pool
public and private resources to help Afghanistan finance much-needed infrastructure.
ADB's Board of Directors has approved
the creation of the Afghanistan Infrastructure Trust Fund, with ADB as
its manager. It will provide an opportunity to bilateral, multilateral,
and individual contributors to partner with ADB in financing infrastructure
investments such as roads, railways, airports, energy facilities, irrigation
systems, and improve the livelihood of the Afghan people.