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Empowering ADB DMCs through Artificial Intelligence Solutions

Sector: Commercial • Location: Bangladesh

Source: Asian Development Bank (ADB)

Project
Active

The regional TA will enable the DMCs to scale up digital and AI innovations within key sectors such as infrastructure, public sector management, education, health, climate and disaster management. The TA aims to enhance sustainable development and accelerate progress towards achieving the Sustainable Development Goals. Targeted DMCs are the Pacific region, Mongolia, Cambodia, Bangladesh, Georgia,

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The project “Empowering ADB DMCs through Artificial Intelligence Solutions” is an infrastructure initiative in the Commercial sector, located in Bangladesh. Taiyo aggregates data on it from Asian Development Bank (ADB).

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Description

Description

The regional TA will enable the DMCs to scale up digital and AI innovations within key sectors such as infrastructure, public sector management, education, health, climate and disaster management. The TA aims to enhance sustainable development and accelerate progress towards achieving the Sustainable Development Goals. Targeted DMCs are the Pacific region, Mongolia, Cambodia, Bangladesh, Georgia, Nepal, Pakistan, and Uzbekistan. Key activities include (i) strengthening digital and AI expertise through AIxADB, which will serve as the main forum and platform for DMCs to engage, share knowledge, and collaborate on AI initiatives; (ii) promoting digital public goods by utilizing the ADB AI Sandbox as the mechanism and tool to develop and test AI solutions, including minimum viable products (MVPs) and proofs of concept tailored to specific DMC needs, and implementing scalable components across multiple countries; and (iii) establishing an AI for Development Fund by conducting feasibility studies, designing the fund's structure and governance, organizing promotional events to attract investors, and mobilizing initial capital to support AI initiatives in the region.

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High

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100%

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