MILAN, Italy, May 5. Israel looks forward to building strong partnership with the Asian Development Bank (ADB), Shmuel Abramzon, Alternate Governor of ADB from Israel said, addressing the business session of ADB Governors, Trend’s special correspondent reports from Milan.
“This is a landmark moment for us. Israel is honored to join
this community of nations working
together to promote sustainable, inclusive growth across Asia and
the Pacific. We commend the
bank’s efforts to shape a forward-looking digital agenda, and we
are thrilled to be part of this
journey,” he said.
Abramzon said that Israel has witnessed firsthand how digital innovation and technology can transform an economy.
“From our thriving startup ecosystem to breakthroughs in
cybersecurity, fintech, and
digital health, we know that innovation is not only a source of
growth—it is a foundation for
resilience, competitiveness, and opportunity.
We believe that ADB is uniquely positioned to help its members
harness the power of
digitalization. To do so, the bank should continue to leverage the
collective know-how of its members, encourage deeper
knowledge-sharing, and embed digital components into the design
of its projects—from infrastructure to education to finance. If
done thoughtfully, digitalization can
help developing countries leapfrog traditional development paths,”
he said.
The governor noted that Israel is eager to contribute its experience, talent, and technologies to this important endeavor.
“We look forward to building a strong partnership
with ADB and, through it, deepening our collaboration with
governments and private sectors across the region,” Abramzon
noted.