Japan is a founding member of ADB, which was established in 1966 to help its developing members reduce poverty and improve their living conditions and quality of life.
ADB is owned by 67 members, 48 of which are from Asia and the Pacific. Japan is one of the largest shareholders with 15.67% of total shares as of 31 December 2013.
ADB’s main partners are governments, the private sector, non-government organizations (NGOs), development agencies, community-based organizations, and foundations.
In pursuing its vision, ADB’s main instruments comprise loans, technical assistance, grants, guarantees, equity investments, and policy dialogues. Although most lending is in the public sector - and to governments - ADB also provides direct assistance to private enterprises of developing countries through equity investments, guarantees, and loans. Its triple-A credit rating helps mobilize funds for development.
Japan has contributed and committed $12.67 billion to special funds since joining in 1966. It has been the top contributor to ADB’s Special Funds, such as the Asian Development Fund (ADF), the Asian Development Bank Institute (ADBI), and the Technical Assistance Special Fund (TASF).
Japanese companies and consultants have been awarded $5.64 billion in procurement contracts on ADB-financed projects since 1967.
The Japanese Representative Office (JRO) serves as the focal point for interaction between ADB and its constituencies in Japan. JRO's main roles are: