NEW YORK &ndash; Asian Development Bank (ADB) on Sunday (3/5) announced a USD 70 billion programme to expand energy and digital infrastructure across the Asia-Pacific region through 2035.
According to Reuters, the initiative aims to strengthen cross-border power grid connectivity, boost regional electricity trade and expand broadband internet access.
ADB president Masato Kanda said energy and digital connectivity would be key to supporting long-term economic growth in Asia-Pacific, in line with rapid technological development.
&ldquo;By connecting cross-border power grids and digital networks, we can lower costs, expand opportunities and deliver reliable electricity and digital access to hundreds of millions of people,&rdquo; Kanda said in a statement.
The programme consists of two main components: USD 50 billion for the Pan Asia Power Grid Initiative (PAGI) and USD 20 billion for digital technology and connectivity projects.
Through PAGI, ADB targets the integration of around 20 gigawatts of cross-border renewable energy, the construction of 22,000 kilometres of transmission circuits and improved electricity access for 200 million people by 2035.
The programme is expected to reduce emissions from the regional power sector by around 15%.
ADB plans to finance roughly half of the power grid programme using its internal resources, with the remainder supported through co-financing, including private sector investment.
Meanwhile, the remaining USD 20 billion will be channelled through the Asia Pacific Digital Highway to support the development of fibre optic networks, submarine cables, satellite connectivity and regional data centres.
The digital programme aims to provide first-time internet access to 200 million people and improve connectivity for another 450 million by 2035.
In addition, ADB estimates the initiative could reduce internet connectivity costs in remote areas by around 40% and create up to 4 million jobs. (DK/KR/ZH)

ADB readies USD 70 billion for energy & digital infrastructure across Asia-Pacific through 2035.

ADB to deploy USD 70 billion into Asia-Pacific energy & digital sector

JAKARTA &ndash; PT Link Net Tbk (LINK) memperoleh fasilitas pinjaman berjangka senilai Rp5,81 triliun.
Fasilitas pinjaman ini berasal dari dua lembaga keuangan internasional, yakni International Finance Corporation (IFC) dengan nilai Rp3,32 triliun dan Asian Development Bank (ADB) sebesar Rp2,49 triliun. Penandatanganan perjanjian berlangsung pada 18 Desember 2025, dengan jangka waktu sembilan tahun. Fasilitas ini tunduk pada sejumlah kondisi prasyarat serta ketentuan lanjutan, sebagaimana diatur dalam perjanjian pembiayaan. Corporate Secretary LINK, Rininta Agustina Widya Pratika, menjelaskan bahwa fasilitas pinjaman akan mendukung keberlanjutan serta pengembangan kegiatan usaha perseroan. &ldquo;Tujuan penggunaan dana adalah untuk membiayai belanja modal dan membiayai kembali utang,&rdquo; ujar Rininta dalam keterbukaan informasi, Senin (22/12). Rininta menegaskan bahwa transaksi tersebut tidak akan berdampak negatif terhadap kondisi keuangan perseroan. Selain itu, fasilitas pinjaman ini bukan merupakan transaksi afiliasi sebagaimana diatur dalam Peraturan Otoritas Jasa Keuangan (OJK) Nomor 42/POJK.04/2020 tentang Transaksi Afiliasi dan Transaksi Benturan Kepentingan. (DK/KR)

LINK dapat pinjaman Rp5,81 triliun dari IFC dan ADB untuk capex dan refinancing utang.