Bangladesh: Cofinancing

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 (DVA) official cofinancing for Bangladesh amounted to $5.54 billion for 52 investment projects and $79.0 million for 94 technical assistance projects. Cumulative DVA commercial cofinancing for Bangladesh amounted to $1.07 billion for two investment projects.

In 2014, Bangladesh received $266.0 million loan cofinancing from the European Investment Bank, OPEC Fund for International Development (OFID), and Strategic Climate Fund; and $37.3 million grant cofinancing from the governments of the Netherlands and Switzerland, the Sanitation Financing Partnership Trust Fund under the Water Financing Partnership Facility, and the Strategic Climate Fund.

Bangladesh: Projects Cofinanced, 1 January 2010–31 December 2014

Cofinancing No. of Projects Amount ($ million)
Projectsa 25 5,322.19
 Grants 14 577.46
 Official loans 16 3,800.50
 Commercial cofinancing 1 944.23
Technical Assistance Grants 25 20.32

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

Investment Projects Cofinanced for Bangladesh, 1 January 2010–31 December 2014

Project ADB Amounta ($ million) Cofinancing Amount ($ million) Type of Cofinancingb
City Region Development 120.00 27.86 G
Coastal Climate-Resilient Infrastructure 20.00 98.80 G/O
Coastal Towns Environmental Infrastructure 52.00 42.00 G/O
Dhaka Environmentally Sustainable Water Supply 250.00 200.00 O
Flood and Riverbank Erosion Risk Management Investment Program – Project 1 65.00 15.30 G
Greater Dhaka Sustainable Urban Transport 160.00 49.60 O
Institutional Support for Migrant Workers' Remittance 2.00 G
Khulna Water Supply 75.00 184.00 O
Padma Multipurpose Bridge 615.00 1,640.00 O
Participatory Small-Scale Water Resources Sector (Supplementary) –  10.00 O
Pilot Project on Weather Index-Based Crop Insurance 2.00 G
Power System Efficiency Improvement 300.00 200.00 O
Power System Expansion and Efficiency Improvement Investment Plan - Tranche 2 310.00 345.00 O
Power System Expansion and Efficiency Improvement Investment Program - Tranche 1 185.00 204.00 G/O
Public-Private Infrastructure Development Facility 1.30 2.00 G
Second Public-Private Infrastructure Development Facility 110.00 195.50 O
Secondary Education Sector Investment Program - Tranche 1 90.00 103.50 G/O
Skills for Employment Investment Program – Tranche 1 100.00 10.00 G
South Asia Subregional Economic Cooperation Railway Connectivity: Akhaura-Laksam Double Track 505.00 175.00 O
South Asia Subregional Economic Cooperation Road Connectivity 198.00 60.00 O
Sustainable Rural Infrastructure Improvement 60.00 15.90 G
Third Primary Education Development 320.00 735.50 G/O
Third Urban Governance and Infrastructure Improvement (Sector) 125.00 40.00 O
Urban Primary Health Care Services Delivery 50.00 20.00 O
Trade Finance Programc 573.96 944.23 C

- = nil
a Loan, grant or blend
b C = commercial cofinancing, G = grant cofinancing, O = official cofinancing
c The $1 billion limit for ADB’s Regional Trade Finance Program (TFP), approved by the Board of Directors in 2009, is the maximum exposure the TFP can assume at any one point in time. This limit has never been breached. Although greater than $1 billion in 2010–2014, the TFP exposure was not breached because TFP maturities tend to be short - less than 180 days on average - and TFP exposure can revolve (be reused) within a year. The TFP also distributes risk exposures to various partners that leverage its capital resources.

 

 
This page was generated from http://www.adb.org/countries/bangladesh/cofinancing on 05 July 2015