e-Asia and Knowledge Partnership Fund

e-Asia and Knowledge Partnership Fund
Updated: 11 November 2009

The establishment of the e-Asia Fund and Knowledge Partnership (the Fund) was approved by ADB's Board of Directors on 1 June 2006. Read the news release.

The Fund, donated with US$20 million from the Government of the Republic of Korea, aims to contribute to poverty reduction and the economic and social development in ADB's developing member countries (DMCs) through it's two windows: the e-Asia program and the knowledge partnership program.

e-Asia Program

• strengthening the capacity of DMCs to achieve the targets of the World Summit on the Information Society (WSIS) Plan of Action, and
• providing technical assistance (TA) for promoting information and communication technology (ICT) and bridging the digital divide, through national and regional e-strategies

Knowledge Partnership Program

• strengthening the capacity of DMCs to achieve the Millennium Development Goals (MDGs), and
• facilitating the creation and sharing of experience, information, and knowledge in the Asia and Pacific region.

Grant Type and Size

The Fund will finance operational expenses related to stand-alone projects and components of loan projects agreed upon by the Government of the Republic of Korea, represented by the Ministry of Finance and Economy and by the Export-Import Bank of Korea, and ADB.

Projects to be financed under the Fund will be exempt from the ADB’s overall resource planning (ORP) limit. The maximum size of any individual grant to be supported by the Fund will be US$500,000. The Fund will not be used for

Read the Board Paper for more information.