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 1982 to the end of 2016, cumulative direct value-added (DVA) official cofinancing for Bhutan amounted to $71.5 million for nine investment projects and $21.9 million for 19 technical assistance projects. Cumulative DVA commercial cofinancing for Bhutan amounted to $3.10 million for one investment project.
Bhutan: Projects Cofinanced, 1 January 2012–31 December 2016
|Cofinancing||No. of Projects||Amount ($ million)|
|Technical Assistance Grants||10||14.90|
a A project with more than one source of cofinancing is counted once.
Investment Projects Cofinanced for Bhutan, 1 January 2012–31 December 2016
|Project||ADB Amounta ($ million)||Cofinancing Amount ($ million)||Type of Cofinancingb|
|Second Green Power Development||120.50||58.82||O|
|Trade Finance Program||0.15||0.05||C|
a Loan, grant or blend.
b C = commercial cofinancing, O = official cofinancing.