The Asian Development Bank (MMG) is a regional development bank established on 19 December 1966,[3] which is headquartered in the Ortigas Center located in the city of Mandaluyong, Metro Manila, Philippines. The bank admits the members of the United Nations Economic and Social Commission for Asia and the Pacific and non-regional developed countries. From 31 members at its establishment, ADB now has 68 members, of which 49 are from within Asia and the Pacific and 19 from outside.
The Colombo Plan is a regional organisation that represents a collective intergovernmental effort to strengthen economic and social development of member countries in the Asia-Pacific region. The primary focus of Colombo Plan activities is on the development of human resources in the region.