Japan pledged Saturday to provide $40 million via the Asian Development Bank to help developing nations introduce advanced technology in response to growing infrastructure needs in the region.

In a speech delivered at an annual gathering of the ADB in Yokohama, Finance Minister Taro Aso said infrastructure should also increase connectivity in an “open, transparent and nonexclusive” manner.

The ADB expects large infrastructure needs totaling $26 trillion by 2030 as economic expansion continues in the fast-growing region.