The Asian Development Bank (ADB) says it plans to support a new $70 billion push for energy and digital infrastructure across Asia and the Pacific by 2035. According to the ADB, the initiative focuses on improving regional connectivity in the power sector and expanding access to digital services. A key component is the “Pan-Asia Power Grid Initiative,” which aims to link national power grids more effectively, enabling greater cross-border electricity trade. The ADB also projects investments to strengthen broadband and related digital infrastructure so that more people and communities can access communications services. Both outlets report the same broad target figure and timeframe, presenting the plan as an effort to address infrastructure needs in multiple sectors rather than a single-country program. The initiative is described as regional in scope, aligning energy grid modernization with digital connectivity upgrades. The ADB’s announcement outlines the intent to increase interconnections and trade in electricity, alongside efforts to improve broadband access across countries in Asia and the Pacific.