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 (TFP).
By the end of 2012, cumulative direct value-added official cofinancing for Bangladesh amounted to $4.37 billion for 42 investment projects and $72.3 million for 90 technical assistance projects.
In 2012, Bangladesh received $360 million loan cofinancing from the Government of France, the European Investment Bank, Islamic Development Bank, Abu Dhabi Fund for Development, the Organization of the Petroleum Exporting Countries (OPEC) Fund for International Development, the International Fund for Agricultural Development, and the Strategic Climate Fund; and $64.4million grant cofinancing from the Governments of Sweden and Germany, the European Investment Bank, the International Fund for Agricultural Development, the Climate Investment Fund, and the Global Environment Facility.
|Technical Assistance Grants||19||13.90|
a A project with more than one source of cofinancing is counted once.
|Type of Cofinancingb|
|Power System Expansion and Efficiency Improvement Investment Program - Tranche 1||185.00||183.00||G/O|
|South Asia Subregional Economic Cooperation Road Connectivity||198.00||60.00||O|
|City Region Development - Additional Financing||-||13.00||G|
|Coastal Climate-Resilient Infrastructure||20.00||98.80||G/O|
|Urban Primary Health Care Services Delivery||50.00||20.00||G|
|Greater Dhaka Sustainable Urban Transport||160.00||49.60||G/O|
|Power System Efficiency Improvement||300.00||200.00||O|
|Third Primary Education Development||320.00||735.50||G/O|
|Khulna Water Supply||75.00||184.00||O|
|Public-Private Infrastructure Development Facility||1.30||2.00||G|
|Institutional Support for Migrant Workers' Remittance||-||2.00||G|
|Padma Multipurpose Bridge||615.00||1,640.00||O|
|Sustainable Rural Infrastructure Improvement||60.00||15.90||G|
|City Region Development||120.00||14.86||G|
|Participatory Small-Scale Water Resources Sector (Supplementary)||-||10.00||O|
|Participatory Small-Scale Water Resources Sector||55.00||22.00||O|
|Post-Literacy and Continuing Education (Supplementary) 2||-||2.50||G|
|Emergency Disaster Damage Rehabilitation (Sector) (Supplementary)||-||24.00||G|
|Second Primary Education Development Program (Supplementary)||-||30.00||G|
|Developing Inclusive Insurance Sector||-||2.00||G|
|Post-Literacy and Continuing Education (Supplementary)||-||2.50||G|
|Emergency Disaster Damage Rehabilitation (Sector)||120.00||90.00||G/O|
|Trade Finance Programc||4,566.02||638.31||C|
- = nil.
a Loan, grant or blend.
b G = grant cofinancing, O = official cofinancing, C = commercial 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 TFP can assume at any one point in time. This limit has never been breached. Because maturities under TFP transactions tend to be short - on average less than 180 days - TFP exposure can revolve (be re-used) within a year. This explains how TFP's exposure from 2009-2012 was greater than its $1 billion limit without actually breaching the limit at any one point in time.