Why does ADB help the private sector?
Our primary goal is to reduce poverty. A strong private sector is the key to sustainable, rapid growth in developing countries. In turn, growth boosts employment and reduces poverty, and increases the tax base for state-funded social services. The demand for private capital has increased considerably in the Asia-Pacific region. Capital is needed for large infrastructure developments as well as for new financial institutions. The Private Sector Operations Department (PSOD) manages our private sector operations.
