The People's Republic of China is shifting freight transport from roads to railways and waterways, and improving urban logistics systems to reduce carbon emissions.

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.

The Asian Development Bank recently moved from an infrastructure-based support model for the People's Republic of China to a model that will improve the quality of economic growth by underlining environmental protection and social sector development.

The Asian Development Bank's operations in the Lao People’s Democratic Republic focus on improving physical connectivity to catalyze private sector investment, generate employment, and boost incomes; developing skills that will promote nonresource sectors; and expanding access to health services to enhance labor productivity.