British Expertise International (BEI) has organised two forthcoming business opportunities forums with the Asian Development Bank (ADB), in collaboration with DIT and UK-ASEAN Business Council, to assist firms interested in working on bank-funded projects. The forums will cover the key opportunity areas of education and healthcare and also infrastructure-transport and energy.
The ADB is an important multilateral partner for the UK, delivering a range of the UK’s objectives and values across Asia and the Pacific. ADB’s Covid-19 response is a $20bn package to support its developing member countries in countering the severe macroeconomic and health impacts caused by the pandemic, including $2.5bn in concessional and grant resources, as well as $2bn earmarked for the private sector. With over $8.2bn in loans and grants, the bank has a long track record in assisting its developing member countries achieve its goals.
The UK holds a good winning record in consultancies with the ADB, averaging an annual export of £75m in ADB contracts since 2015 and it’s clear that UK strengths are seen to complement ADB project needs in the sectors of transport, energy, education, and healthcare. Meanwhile, the opportunities for transport and energy sector opportunities with the ADB are projected to increase as more countries, companies and funds strive to meet zero carbon goals. It’s worth noting that a quarter of companies in Asia expect to be carbon neutral by 2030.
At the first event, on Wednesday 8 September, presenters will cover navigating the procurement process and provide insights on opportunities in the education and healthcare sectors. The second event in the series, on Wednesday 15 September, will see a panel of ADB experts sharing insights on doing business with the bank, navigating the procurement processes and provide focus on the key sectors of infrastructure-transport and energy.
Both events are open to all, not just BEI members. For further information and to reserve a place click on the links below.