The new MRT lines will help provide a wider choice of affordable and efficient public transport for Bangkok’s rapidly growing population. Photo: ADB.

ADB Private Sector Financing Supports Two New Bangkok Metro Lines

BANGKOK, THAILAND (4 June 2019) — The Asian Development Bank signed an agreement with a financing package of 9.9 billion Thai baht ($311 million equivalent) for the construction and operation of the Pink and Yellow lines of Bangkok’s mass rapid transit system.

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ADB, Ascent Capital's Equity Investment Deal to Provide Growth Capital to Private Enterprises in Myanmar

NAY PYI TAW, MYANMAR (2 January 2019) — The Asian Development Bank signed an agreement on 21 December 2018 to provide a $10 million equity investment to Ascent Myanmar Growth Fund I LP, a Myanmar-focused private equity fund, to provide much-needed capital investment for the growth and expansion of small and medium-sized enterprises operating in the Southeast Asian country.

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