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 Timor-Leste amounted to $71.7 million for two investment projects and $13.9 million for five technical assistance projects.
Timor-Leste: Projects Cofinanced, 1 January 2009-31 December 2013
|Cofinancing||No. of Projects||Amount
|Technical Assistance Grants||4||1.88|
a A project with more than one source of cofinancing is counted once.
Investment Projects Cofinanced for Timor-Leste, 1 January 2009-31 December 2013
|Type of Cofinancingb|
|Our Roads Our Future - Supporting Local Governance and Community-Based Infrastructure Works||-||3.00||G|
|Road Network Upgrading||40.00||68.70||O|
- = nil.
a Loan, grant or blend.
b G = grant cofinancing, O = official cofinancing.