ADB supports digital technology for Asia-Pacific development
Updated : Wednesday, September 05, 2018 4:15 PM (GMT+0700)

TheAsian Development Bank (ADB) on September 4 vowed to help countries andterritories in Asia and the Pacific leverage digital technology forsocio-economic development, saying digital technology is rapidly developing indiverse fields.

 
ADB President Mr. Takehiko Nakao during the Digital Development Forum 2018 at ADB
headquarters - Source: adb.org

Speaking at the 2018 DigitalDevelopment Forum in Manila, the Philippines, ADB President Takehiko Nakao saidthat new tools like mobile communications, robotics and artificial intelligenceare bringing profound changes to the way people live, work, interact and dobusiness.

To help countries leveragedigital technologies for development, Nakao said ADB set up the DigitalTechnology for Development Unit in March 2018. The Manila-based bank is alsoimplementing new digital reforms that focus on innovation and support dramaticmodernisation of business processes, he added.

With appropriate policies,the ADB leader said the developing countries and territories in Asia and thePacific benefit tremendously in this new era.

The September 4-5 forumprovides a venue for high-level discussions on the use of information andcommunications technology (ICT) for development in region.

During the event, ADB willsign a cooperation agreement with the Asian Institute of Management (AIM) onresearch and development of innovation programmes and activities.

Source:VNA

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