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. Additional funds are provided in the form of official loans and grants, technical assistance, other concessional financing, and commercial cofinancing such as B loans, risk transfer arrangements, parallel loans and equity, guarantee cofinancing, and cofinancing for transactions under ADB’s Trade Finance Program.

From 1973 to the end of 2016, cumulative direct value-added official cofinancing for Bangladesh amounted to $7.48 billion for 58 investment projects and $84.9 million for 101 technical assistance projects. Cumulative direct value-added commercial cofinancing for Bangladesh amounted to $1.6 billion for four investment projects.

In 2016, Bangladesh received $841.7 million loan cofinancing from the governments of Denmark, France, Japan and the Republic of Korea, the Asian Infrastructure Investment Bank, the European Investment Bank and the World Bank to support five projects; and $11.5 million grant cofinancing from the Government of Switzerland, Chevron, and the Urban Climate Change Resilience Trust Fund under the Urban Financing Partnership Facility for three investment projects.

Bangladesh: Projects Cofinanced, 1 January 2012–31 December 2016

Cofinancing No. of Projects Amount ($ million)
Projectsa 27 4,558.43
    Grants 13 281.28
    Official loans 18 3,232.22
    Commercial cofinancing 3 1,044.93
Technical Assistance Grants 23 20.39

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

Investment Projects Cofinanced for Bangladesh, 1 January 2012–31 December 2016

Project ADB Amounta ($ million) Cofinancing Amount ($ million) Type of Cofinancingb
Bibiyana II Gas Power 75.00 160.57 C
City Region Development – Additional Financing 13.00 G
Coastal Climate-Resilient Infrastructure 20.00 98.80 G/O
Coastal Towns Environmental Infrastructure 48.00 G/O
Dhaka Environmentally Sustainable Water Supply 250.00 200.00 O
Dhaka Water Supply Network Improvement 275.00 372.00 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 G/O
Microfinance Risk Participation and Guarantee Program 1.05 1.05 C
Natural Gas Infrastructure and Efficiency Improvement 167.00 60.00 O
Pilot Project on Weather Index-Based Crop Insurance 2.00 G
Power System Expansion and Efficiency Improvement Investment Plan – Tranche 1 185.00 204.00 G/O
Power System Expansion and Efficiency Improvement Investment Program – Tranche 2 310.00 345.00 O
Power System Expansion and Efficiency Improvement Investment Program – Tranche 3 205.00 220.00 O
Railway Sector Investment Program – Tranche 4 50.00 138.72 O
Second Public-Private Infrastructure Development Facility 110.00 195.50 O
Secondary Education Sector Investment Program – Tranche 1 142.50 G/O
Secondary Education Sector Investment Program – Tranche 2 185.00 265.00 O
Skills for Employment Investment Program – Tranche 1 90.00 G/O
Skills for Employment Investment Program – Tranche 2 100.00 4.50 G
South Asia Subregional Economic Cooperation Railway Connectivity: Akhaura-Laksam Double Track 505.00 367.00 O
South Asia Subregional Economic Cooperation Road Connectivity 198.00 60.00 O
Southwest Area Integrated Water Resources Planning and Management – Additional Financing 20.00 7.00 G
Third Primary Education Development – Additional Financing 120.00 555.58 G/O
Third Urban Governance and Infrastructure Improvement (Sector) 125.00 40.00 O
Trade Finance Program 670.50 883.31 C
Urban Primary Health Care Services Delivery 50.00 20.00 G

– = nil.
a Loan, grant or blend.
b C = commercial cofinancing, G = grant cofinancing, O = official loan cofinancing.