Operations
ADB works in partnership with governments and public and private enterprises in its developing member countries on projects and programs that will contribute to economic and social development, based on the country's needs and priorities.
In 2008, ADB approved loans worth $10.5 billion for 86 projects, most of which went to the public sector. Technical assistance, which is used to prepare and implement projects and support advisory and regional activities, amounted to $274.5 million. Grant-financed projects totaled $811.4 million.
Projects and Programs
In the past 40 years, ADB has supported projects in agriculture and natural resources, energy, finance, industry and nonfuel minerals, social infrastructure, and transport and communications. More than half of ADB's assistance has gone into building infrastructure - roads, airports, power plants, and water and sanitation facilities. Such infrastructure helps lay the foundation for commerce and economic growth and makes essential services accessible to the poor.
Countries with limited debt repayment capacity in the region receive additional help through the Asian Development Fund (ADF), set up in 1973 to provide grants and low-interest loans.
Since 2000, ADF has helped build 38,000 schools and build or improve 6,700 health facilities. It has helped provide over 200,000 safe water connections; irrigate more than 300,000 hectares of land; and build or rehabilitate 42,000 kilometers of roads. Read more about ADF's Impact
ADB is quick to help when catastrophe strikes. It provides assistance in the wake of natural disasters, such as earthquakes and landslides, as well as in post-conflict situations.
Assistance to its developing member countries creates an enabling environment for private sector development. ADB also directly finances private sector projects to assist commercial investors and lenders.
ADB has a triple-A credit rating and actively mobilizes financial resources through its cofinancing operations, tapping official, commercial, and export credit sources.
Partnerships
ADB consults people from all sections of society to ensure that its projects, programs, and strategies address their needs. The Country Partnership Strategy (formerly Country Strategy and Program), the main planning document at the country level, emphasizes consultations with the government, the private sector, civil society, and all project stakeholders.
The strategy functions as a business plan composed of individual loan and technical assistance projects and programs planned for priority sectors and themes.
To ensure coherence over a wider geographical area, Regional Cooperation Strategies and Programs are prepared for the five subregions covered by ADB's regional operations.
The various stages that a project undergoes in its planning and execution - from country programming to project completion and evaluation – is collectively known as ADB's project cycle.
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