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Cofinancing
Cofinancing operations enable ADB's financing partners, governments or their agencies, multilateral financing institutions, and commercial organizations, to participate in the financing of ADB projects. The additional funds are provided in the form of official loans and grants, and commercial financing, such as Bloans, risk transfer arrangements, parallel loans, and cofinancing for transactions under ADB's Trade Finance Program.
By the end of 2012, cumulative direct value-added official cofinancing for the Lao PDR amounted to $196.7 million for 25 investment projects and $40.2 million for 56 technical assistance projects.
In 2012, the Urban Environmental Infrastructure Fund under the Urban Financing Partnership Facility provided the Lao PDR with $0.6 million grant cofinancing for the Greater Mekong Subregion East-West Economic Corridor Towns Development.
Projects Cofinanced, 1 January 2008 - 31 December 2012
| Cofinancing | No. of Projects |
Amount ($ million) |
|---|---|---|
| Projectsa | 7 | 76.14 |
| Grants | 5 | 26.26 |
| Official loans | 2 | 49.88 |
| Technical Assistance Grants | 14 | 14.49 |
a A project with more than one source of cofinancing is counted once.
Investment Projects Cofinanced for Lao People's Democratic Republic, 1 January 2008 - 31 December 2012
| Project |
ADB Amounta ($ million) |
Cofinancing Amount ($ million) |
Type of Cofinancingb |
|---|---|---|---|
| Greater Mekong Subregion East-West Economic Corridor Towns Development | 40.80 | 0.64 | G |
| Second Northern Greater Mekong Subregion Transport Network Improvement | 20.00 | 12.00 | O |
| Greater Mekong Subregion Northern Power Transmission | 20.00 | 37.88 | O |
| Developing Model Health Villages in Northern Lao People's Democratic Republic | - | 3.00 | G |
| Sustainable Natural Resource Management and Productivity Enhancement | 20.00 | 15.00 | G |
| Small Towns Water Supply and Sanitation Sector | 23.00 | 5.80 | G |
| Alternative Livelihood for Upland Ethnic Groups in Houaphanh Province | - | 1.82 | G |
- = nil.
a Loan, grant or blend.
b G = grant cofinancing, O = official cofinancing.