The Asian Development Bank (ADB) and the Qatar Fund for Development (QFFD) have signed a memorandum of understanding (MOU) to accelerate resilient infrastructure and economic development in developing countries across Asia and the Pacific. The agreement, finalized on the sidelines of the Doha Forum 2025, aims to unlock development finance for communities and support innovative infrastructure and sectors that are often underfunded.
ADB President Masato Kanda highlighted that the partnership will enable both institutions to collaborate on projects that drive sustainable economic growth across the region. The signing ceremony was attended by His Excellency Sheikh Thani bin Hamad Al Thani, Chairperson of QFFD, with the MOU signed by ADB Vice-President for Sectors and Themes Fatima Yasmin and QFFD Director General Fahad Hamad Al-Sulaiti. The five-year agreement will guide cofinancing and joint initiatives throughout Asia and the Pacific.
The partnership is expected to mobilize concessional financing for infrastructure-related projects in priority areas such as transport, urban development, and energy. Several potential projects are under discussion, with implementation anticipated to begin in 2026. The collaboration is designed to strengthen the capacity of both organizations to deliver impactful, sustainable infrastructure projects that support resilient and inclusive growth.
QFFD, established in 2002, provides development assistance, humanitarian relief, and sustainable development support to more than 90 countries worldwide, focusing on promoting long-term economic and social progress. ADB, founded in 1966 and owned by 69 members, continues to support inclusive, resilient, and sustainable growth in Asia and the Pacific through innovative financial tools and strategic partnerships that transform lives, build infrastructure, and safeguard the environment.
