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 Vanuatu amounted to $43.6 million for two investment projects and $3.5 million for six technical assistance projects.
Vanuatu: Projects Cofinanced, 1 January 2010–31 December 2014
|Cofinancing||No. of Projects||Amount
|Technical Assistance Grants||3||2.36|
a A project with more than one source of cofinancing is counted once.
Investment Projects Cofinanced for Vanuatu, 1 January 2010–31 December 2014
|Interisland Shipping Support||10.82||12.60||G|
|Port Vila Urban Development||5.00||31.00||G|
a Loan, grant or blend.
b G = grant cofinancing.