Regions and Countries

	Table of Contents
p. 17 of 22 BACK | NEXT I. Country Performance Assessment II. Poverty Reduction and Country Operational Strategy III. Sector Strategies IV. Regional Cooperation V. Donor Activities and Aid Coordination VI. Cofinancing and Catalyzing External Resources VII. ADB’s Operational Program VIII. Economic and Sector Work IX. Local Cost Financing

Country Assistance Plans - Cambodia

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VI. Cofinancing and Catalyzing External Resources

101. Cofinancing opportunities have in the past been limited by two factors. First, ADB being the first major multilateral donor to return to Cambodia, had effectively no partners with which cofinancing could be arranged. Second, when many others donors did return to Cambodia they had very specific agendas, which again limited cofinancing opportunities. The current situation is different in that there are a greater number of donors as well as a better appreciation of the desirability of promoting complementarities among donors. Cofinancing opportunities are therefore more likely than in the past although the environment for commercial cofinancing is still difficult.

102. From 1993 to 1999, four ADB projects have been cofinanced for a total amount of about $21 million. In 2000, France is expected to provide cofinancing for the Stung Chinit Water Resources Development Project. During the program period, in 2001, Sweden, and several UN agencies are interested in cofinancing the Education Sector Development Project, while Japan is interested in the Financial Sector Program. The Rural Development Project may also receive cofinancing from bilateral donors such as Germany, Australia, Japan and Sweden. In 2002, possibilities exist for the OPEC Fund to cofinance the Road Network Improvement II Project, and for Finland to cofinance the Integrated Rural Development and Natural Resource Management Project. Australia may be a source of cofinancing for the Basic Health Services II Project.

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