The New Development Bank has approved USD 875 million for water, sanitation, ecotourism and transport. Investments will support the Brazil, China and India towards the Sustainable Development Goals. Brazil: $ 300 million for water supply and sewage ...

The New Development Bank (NDB) will open its first regional office in India at the Gujarat International Finance Tec-City (GIFT City) to cater to infrastructure and sustainable development needs of the country. The Indian Regional Office (IRO) will ...

The Shanghai-based New Development Bank (NDB) has approved the United Arab Emirates, Uruguay and Bangladesh as its new member countries. In 2020, the NDB Board of Governors initiated the negotiation to expand its membership. As a result UAE, Uruguay and Bangladesh have been admitted as the first ...