© photothek/BMZ

Annual Meeting of the Asian Development Bank in Frankfurt

03.05.2016 – The Annual Meeting of the Asian Development Bank is taking place in Frankfurt until 5 May 2016. The theme, Cooperating for Sustainability, puts the spotlight on the ever closer economic ties between Asia and Europe.

‘Investments in infrastructure projects are essential to improve living conditions. It is important in this context not to focus exclusively on financing issues, but equally to incorporate sustainable quality criteria that take into account economic, environmental and social considerations. Technical cooperation can make an important contribution in this regard,’ emphasised GIZ Managing Director Cornelia Richter at the 49th Annual Meeting of the Asian Development Bank (ADB), which is currently under way in Frankfurt until Thursday. This year, the focus is on cooperating for sustainability and fostering exchange between the public and private sector, academia and civil society. More than 3,500 participants are expected to attend the event, including high-level government officials, business leaders, journalists and academic experts.

The Annual Meeting of the Asian Development Bank is putting the spotlight on the ever closer economic ties between Asia and Europe. This focus is also reflected in the event hosted by GIZ in conjunction with the Sino-German Center of Finance and Economics in Frankfurt on ‘New Asian-European Approaches on Finance and Infrastructure’. To fully harness growth potential on both sides, however, further investment is required in infrastructure such as roads, airports and deep-water ports, especially in Asia. GIZ therefore advises its partners on evaluating and prioritising such investments. In doing so, it focuses on sustainability and on solutions which are developed and implemented jointly. Experience shows that, with complex infrastructure projects, it is necessary to get all parties around one table – from national governments and local authorities to representatives of the private sector and civil society.