Malaysia receives US$60.9mil as ADB channels US$9bil into Southeast Asia

Faiqah Kamaruddin

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Type :	Newspaper Clipping
Subject :	Institusi Pengajian Tinggi
Main Author :	Faiqah Kamaruddin
Title :	Malaysia receives US$60.9mil as ADB channels US$9bil into Southeast Asia

Faculty :	NSTP
Year of Publication :	April 23, 2026
HTTP Link :	Click to view web link
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Abstract :

KUALA LUMPUR: The Asian Development Bank (ADB) committed US$9 billion to Southeast Asia in 2025, with Malaysia receiving the smallest share among the region's major economies. According to ADB's 2025 annual report, US$7.3 billion was channelled to public sector finance, while US$1.6 billion supported private sector initiatives. The Philippines emerged as the largest recipient in the region with US$6.81 billion, followed by Indonesia (US$4.39 billion), Vietnam (US$1.96 billion) and Thailand (US$1.45 billion). Malaysia received US$60.9 million. ADB said US$60.2 million of that amount was a private sector loan to Jingxing Holdings Malaysia Sdn Bhd for the expansion of its wastepaper recycling and packaging paper manufacturing facility in Selangor. The bank said the financing would support the installation of advanced technology to lift the facility's annual production capacity by 600,000 tonnes. ADB said its investments remain focused on strengthening Southeast Asia's long-term economic prospects, particularly through higher productivity, market-relevant skills development, and improved nutrition, education and healthcare outcomes. It added that support for women and girls was further expanded, including assistance for women entrepreneurs, alongside efforts to strengthen public financial management and fiscal resilience to build more sustainable and inclusive economies. Globally, ADB's total commitments in 2025 — including loans, grants, equity investments, guarantees and technical assistance — rose 20 per cent year-on-year to US$29.3 billion. ADB president Masato Kanda said the figure was complemented by US$14.7 billion in co-financing from development partners. "Of our commitments, US$23.5 billion was for programmes and projects in the public sector, while US$5.5 billion were directed to the private sector," he said.

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