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 (DVA) official cofinancing for Papua New Guinea (PNG) amounted to $120.1 million for 14 investment projects and $6.7 million for 12 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 2009-31 December 2013
|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 2009-31 December 2013
|Extending the Socioeconomic Benefits of an Improved Road Network to Roadside Communities||-||2.00||G|
|Improved Energy Access for Rural Communities||-||5.00||G|
|Rural Primary Health Services Delivery||20.00||49.00||O/G|
|Digicel Mobile Telecommunication Expansion||25.00||152.64||C|
- = nil.
a Loan, grant or blend.
b C = commercial cofinancing, G = grant cofinancing, O = official cofinancing.