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, other concessional financing, and commercial financing such as B loans, risk transfer arrangements, parallel loans and equity, guarantee cofinancing, and cofinancing for transactions under ADB’s Trade Finance Program.
By the end of 2014, cumulative direct value-added (DVA) official cofinancing for Papua New Guinea (PNG) amounted to $120.1 million for 14 investment projects, and $6.7 million for 11 technical assistance projects. Cumulative DVA commercial cofinancing for PNG amounted to $157.14 million for two investment projects.
Papua New Guinea: Projects Cofinanced, 1 January 2010 - 31 December 2014
|Cofinancing||No. of Projects||Amount
|Technical Assistance Grants||4||2.24|
a A project with more than one source of cofinancing is counted once.
Investment Projects Cofinanced for Papua New Guinea, 1 January 2010 - 31 December 2014
|Improved Energy Access for Rural Communities||-||5.00||G|
|Rural Primary Health Services Delivery||20.00||49.00||G/O|
- = nil.
a Loan, grant or blend.
b C = commercial cofinancing, G = grant cofinancing, O = official cofinancing.