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 B loans, 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 Timor-Leste amounted to $71.7 million for two investment projects and $13.7 million for four technical assistance projects.

In 2012, Timor-Leste received $68.7 million loan cofinancing from the Government of Japan for the Road Network Upgrading Project.

Projects Cofinanced, 1 January 2008 – 31 December 2012

Cofinancing No. of Projects Amount ($ million)
Projectsa 2 71.70
Grants 1 3.00
Official Loans 1 68.70
Technical Assistance Grants 3 1.68

a A project with more than one source of cofinancing is counted once.
 

Investment Projects Cofinanced for Timor-Leste, 1 January 2008 – 31 December 2012

Project ADB Amounta
($ million)
Cofinancing
Amount
($ million)
Type of
Cofinancingb
Road Network Upgrading 40.00 68.70 O
Our Roads Our Future - Supporting Local Governance and Community-Based Infrastructure Works - 3.00 G

- = nil.
a Loan, grant or blend.
b G = grant cofinancing, O = official cofinancing.