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ADB annual board meet begins on Thursday, PM to address on Sat

The discussions will focus on topics such as job creation and mobilising infrastructure finance.

New Delhi: Prime Minister Manmohan Singh will address on Saturday the 46th ADB Annual Conference of Board of Governors' at Greater Noida which begins on Wednesday.

The four-day global conference will see participation of over 4,400 delegates from all over the world.
High level officials from Asia and the Pacific along with industry leaders will join other delegates to discuss a range of issues that are central to the region's sustainable growth and development.

The discussions will focus on topics such as job creation and mobilising infrastructure finance.

India, which is chairing the ADB meet, chose the theme - Empowerment through Development, - providing a platform to discuss how vulnerable groups can be provided with better access to health, education and other social services.

Finance Minister P Chidambaram, who also happens to be the chairman, will be addressing the gathering.

ADB meeting comes against the back drop of euro-zone crisis, uncertainty over the global economy and sagging growth in India.

This year's Governors' Seminar will look at ways the region can transform its economic model, moving from factory- driven manufacturing up the production value chain to alternative growth sources while avoiding the middle income trap, the Manila based Asian Development Bank (ADB) said.

Alongside the Annual Meeting, finance ministers and other officials of the Association of Southeast Asian Nations, the People's Republic of China, Japan and Republic of Korea, (known as ASEAN + 3) will also hold discussions

The delegates will comprise top policymakers, business leaders, media, academics, civil society, and development institution representatives are set to attend the meeting.


From Zee News

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