Asian Development Bank (ADB), a regional development bank that provides loans and financial assistance to Asian and Pacific countries has agreed to fund tourism, power transmission and urban development projects in Himachal Pradesh (HP).
HP Chief Minister Prem Kumar Dhumal who recently held a meeting with high level delegation of ADB headed by Xiaoyu Zhao, Vice President and Hun Kim, Country Director, Indian Resident Mission and Bank, welcomed the proposal of Bank authorities to fund tourism, transmission line laying and urban development project besides additional funding of other current projects.