ArmInfo. The Asian Development Bank (ADB) is committed to supporting Armenia's long-term development through the upcoming Country Partnership Strategy for 2026-2030, as stated by Bank President Masato Kanda during a meeting with representatives of the Armenian government, the ADB press service reported.
The strategy is expected to focus on private sector growth, governance, human capital development, and climate and disaster resilience. "I am proud of our collective achievements, which have made a strong impact on Armenia's development," said Mr. Kanda. "ADB's partnership with Armenia, marked by key investments in transport, urban infrastructure, and education has reached more than $2 billion in total lending and assistance."
The source says that the visit comes at a pivotal moment for regional cooperation and integration. Mr. Kanda emphasized ADB's commitment in this area, noting that improved transport links and cross-border cooperation can unlock significant economic benefits for Armenia and its neighbors. Mr. Kanda commended Armenia's leadership in hosting COP 17 on Biodiversity in 2026, calling it a demonstration of the country's commitment to environmental stewardship on the global stage. ADB is building a project pipeline that will serve as a powerful example of how development and conservation can work hand in hand, he added. ADB's partnership with Armenia has delivered tangible results for the country's people, from the ongoing Seismic Safety Improvement Program that is reconstructing schools to the North-South Road Corridor Investment Program that has constructed critical transport links connecting Armenia with its neighbors.
Note that ADB has been working with Armenia since 2005. During this time, the Bank has implemented numerous projects in the country aimed at developing the transport, financial, energy, water, and other infrastructure sectors.
Recall that according to the April forecast update, ADB expects Armenia's GDP to grow by 5% in 2025, slowing down to 4.7% in 2026.
