The Asian Development Assistance Board (ADAB) is a non-commercial, non-profit-making, industrial development aid foundation (World Bank Group), assisting corporate and private foreign investments in China. The ADAB works closely with the various Chinese government authorities, ensuring a troublefree and seamless establishment of foreign corporations in China. It may also provide for external funding from the World Bank, Asian Development Bank and various national government's sources and subsidies. Finally, the ADAB provides general and very specific advice and active guidance/assistance on all economic, social, legal, political and labour matters in the People's Republic of China.

The Asian Development Assistance Board, ADAB, was established in 1995 as a Foundation in Singapore.
In 1998, after an internal re-organisation, it was registered in The Netherlands and in the USA as an advisory body for development projects in Asia by the World Bank Group in Washington DC, followed later by that for the Asian Development Bank in Manila. In 2001, its China Operations Centre moved from Singapore to Shenyang, in the industrial heartland of the country’s northeast.

Over the ensuing years ADAB’s work became for a larger part focused on assisting numerous foreign manufacturing and technology entities looking to establish a permanent presence in China and in the Region, either as wholly foreign-owned or as joint ventures. It took responsibility for their contacts with China’s local and central authorities, mediated in registration procedures, identified and screened potential local partners or supply sources and took care of all formal applications needed for their operations in the PRC. In early 2002 it was appointed consultant to the Shenyang Aircraft Corporation SAC, now part of AVIC.

Since 2009, when ADAB’s Coordination Centre moved to Ningbo, near Shanghai, the Board has extended its scope of activities to include education, urbanisation, hospitality, civil aviation and healthcare. It became a strategic partner of the official Dutch life sciences and healthcare platform “Task Force Health Care” in which the Government of The Netherlands is closely involved. Various new hospitals, nursing schools and facilities for geriatric care in China are part of the projects the ADAB is advising on or for which it facilitates funding.
In civil aviation, the ADAB, together with ASEA, initiated the establishment of flight training academies for airline pilots in China, Indonesia and the ROK.

 

Being an international foundation, operating as a co-ordination platform between the Government of the People's Republic of China and various international funding institutions for development projects within the PRC, the Asian Development Assistance Board operates strictly as an apolitical, non-commercial and non-profit making entity.

Registered and duly organized under the laws of the Kingdom of The Netherlands and under the Dacon Systems of the World Bank Group and the Asian Development Bank, the ADAB does not manage development funds but mainly assists in the implementation and co-ordination of foreign-funded development projects in the People's Republic of China.

As such, the ADAB foundation also provides field support, counsel, aid and active guidance to foreign institutional, environmental and industrial developers, consultants and investors entering China.