ADB President Mr. Takehiko Nakao during the Digital Development Forum 2018 at ADB headquarters (Source: adb.org)Hanoi (VNA) - The Asian Development Bank (ADB) on September 4 vowedto help countries and territories in Asia and the Pacific leverage digitaltechnology for socio-economic development, saying digital technology is rapidlydeveloping in diverse fields.
Speaking at the 2018 DigitalDevelopment Forum in Manila, the Philippines, ADB President Takehiko Nakao saidthat new tools like mobile communications, robotics and artificial intelligenceare bringing profound changes to the way people live, work, interact and dobusiness.
To help countries leverage digitaltechnologies for development, Nakao said ADB set up the Digital Technology forDevelopment Unit in March 2018. The Manila-based bank is also implementing newdigital reforms that focus on innovation and support dramatic modernisation ofbusiness processes, he added.
With appropriate policies, the ADBleader said the developing countries and territories in Asia and the Pacific benefittremendously in this new era.
The September 4-5 forum provides a venue for high-level discussions on the useof information and communications technology (ICT) for development in region.
During the event, ADB will sign acooperation agreement with the Asian Institute of Management (AIM) on researchand development of innovation programmes and activities.-VNA
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