Cofinancing operations enable ADB’s development 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 Vanuatu amounted to $43.6 million for two investment projects and $3.5 million for eight technical assistance projects.
|Cofinancing||No. of Projects||Amount ($ million)|
|Technical Assistance Grants||5||3.11|
a A project with more than one source of cofinancing is counted once.
|Interisland Shipping Support Project||10.82||12.60||G|
|Port Vila Urban Development Project||5.00||31.00||G|
a Loan, grant or blend.
b G = grant cofinancing.