The Board of Governors of the Asian Development Bank (ADB) will hold the 50th ADB annual meeting from Thursday to Sunday in Yokohama, where more than 3,000 participants from Asia and around the world are expected to gather to discuss development issues and institutional matters.

The event, being held under the city of Yokohama's concept of "Building Together the Prosperity of Asia," provides opportunities for member governments to interact with ADB staff, nongovernment organizations, the media, representatives of observer countries, international organizations, academia and the private sector. The ADB's annual meetings have become a premier forum for the discussion of economic and social development issues in Asia and the Pacific.

"The theme of the meeting shows our strong commitment to step into the future of Asia together in collaboration with other members of the ADB," Yokohama Mayor Fumiko Hayashi said in a video message. "We will contribute to foster future talent in Asia, promoting Yokohama efforts, including in sustainable urban development, international cooperation and the active participation of women."