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, and commercial financing such as B loans, risk transfer arrangements, parallel loans, and cofinancing for transactions under ADB’s Trade Finance Program.

By the end of 2013, cumulative direct value-added official cofinancing for the Kyrgyz Republic amounted to $116.2 million for 10 investment projects and $3.1 million for eight technical assistance projects.

In 2013, the Kyrgyz Republic received $60 million loan cofinancing from the Eurasian Development Bank for the Central Asia Regional Economic Cooperation (CAREC) Corridor 3 (Bishkek-Osh Road) Improvement, Phase 4, and $1.5 million grant cofinancing from the Government of Japan for Women’s Entrepreneurship Development.

Kyrgyz Republic: Projects Cofinanced, 1 January 2009-31 December 2013

Cofinancing No. of Projects Amount
($ million)
Projectsa 2 61.50
 Grants 1 1.50
 Official loans 1 60.00
Technical Assistance Grants 2 0.85

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

Investment Projects Cofinanced for the Kyrgyz Republic, 1 January 2009-31 December 2013

Project ADB
Amounta
($ million)
Cofinancing
Amount
($ million)
Type of
Cofinancingb
Central Asia Regional Economic Cooperation Corridor 3 (Bishkek-Osh Road) Improvement, Phase 4 100.00 60.00 O
Women's Entrepreneurship Development - 1.50 G

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