Bangladesh: Cofinancing

Cofinancing operations enable ADB’s financing partners, governments or their agencies, multilateral financing institutions, and commercial organizations, to participate in financing ADB projects. The additional funds are provided in the form of official loans and grants, technical assistance, other concessional cofinancing, and commercial cofinancing such as B loans, risk transfer arrangements, parallel loans and equity, guarantee cofinancing, and cofinancing for transactions under ADB’s Trade Finance Program.

From 1970 to the end of 2015, cumulative direct value-added (DVA) official cofinancing for Bangladesh amounted to $6.6 billion for 55 investment projects and $81.3 million for 97 technical assistance projects. Cumulative DVA commercial cofinancing for Bangladesh amounted to $1.4 billion for three investment projects.

In 2015, Bangladesh received $55.5 million grant cofinancing from the European Commission, $100 million grant cofinancing from the Global Partnership for Education, $7 million grant cofinancing from the Government of the Netherlands, $0.1 million grant cofinancing from the United Nations Children’s Fund, as well as $220 million loan cofinancing from the Islamic Development Bank, $39 million loan cofinancing from the Export–Import Bank of Korea, and $665 million loan cofinancing from the World Bank.

Bangladesh: Projects Cofinanced, 1 January 2011–31 December 2015

Cofinancing No. of Projects Amount ($ million)
Projectsa 27 4,906.82
 Grants 15 724.14
 Official loans 17 3,074.50
 Commercial cofinancing 2 1,108.18
Technical Assistance Grants 25 20.40

a A project with more than one source of cofinancing is counted once.

Investment Projects Cofinanced for Bangladesh, 1 January 2011–31 December 2015

Project ADB Amounta ($ million) Cofinancing Amount ($ million) Type of Cofinancingb
Bibiyana II Gas Power Project 75.00 160.57 C
City Region Development 120.00 27.86 G
Coastal Climate-Resilient Infrastructure 20.00 98.80 G/O
Coastal Towns Environmental Infrastructure 52.00 42.00 G/O
Dhaka Environmentally Sustainable Water Supply 250.00 200.00 O
Flood and Riverbank Erosion Risk Management Investment Program – Project 1 65.00 15.30 G
Greater Dhaka Sustainable Urban Transport 160.00 49.60 G/O
Institutional Support for Migrant Workers' Remittances 2.00 G
Khulna Water Supply 75.00 184.00 O
Pilot Project on Weather Index-Based Crop Insurance 2.00 G
Power System Efficiency Improvement 300.00 200.00 O
Power System Expansion and Efficiency Improvement Investment Plan - Tranche 1 185.00 204.00 G/O
Power System Expansion and Efficiency Improvement Investment Program - Tranche 2 310.00 345.00 G/O
Power System Expansion and Efficiency Improvement Investment Program - Tranche 3 205.00 220.00 O
Public-Private Infrastructure Development Facility 1.30 2.00 G
Second Public-Private Infrastructure Development Facility 110.00 195.50 O
Secondary Education Sector Investment Program - Tranche 1 90.00 142.50 G/O
Secondary Education Sector Investment Program - Tranche 2 185.00 265.00 O
Skills for Employment Investment Program – Tranche 1 100.00 10.00 G
South Asia Subregional Economic Cooperation Railway Connectivity: Akhaura-Laksam Double Track 505.00 175.00 O
South Asia Subregional Economic Cooperation Road Connectivity 198.00 60.00 O
Southwest Area Integrated Water Resources Planning and Management - Additional Financing 45.00 7.00 G
Third Primary Education Development 440.00 1,291.08 G/O
Third Urban Governance and Infrastructure Improvement (Sector) 125.00 40.00 O
Trade Finance Program 596.51 947.61 C
Urban Primary Health Care Services Delivery 50.00 20.00 G

- = nil
a Loan, grant or blend
b C = commercial cofinancing, G = grant cofinancing, O = official cofinancing