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 official cofinancing for Timor-Leste amounted to $76.2 million for three investment projects and $14.1 million for six technical assistance projects.
In 2014, ADB approved grant cofinancing of $4.5 million for Timor-Leste from the Global Environment Facility for the Road Network Upgrading Sector.
Timor-Leste: Projects Cofinanced, 1 January 2010–31 December 2014
|Cofinancing||No. of Projects||Amount
|Technical Assistance Grants||5||2.06|
a A project with more than one source of cofinancing is counted once.
Investment Projects Cofinanced for Timor-Leste, 1 January 2010–31 December 2014
|Road Network Upgrading||90.00||73.20||G/O|
a Loan, grant or blend.
b G = grant cofinancing, O = official cofinancing.