Georgia: Cofinancing

Cofinancing operations enable ADB’s financing partners, governments or their agencies, multilateral financing institutions, and commercial organizations, to participate in financing ADB projects. The additional funds are provided in the form of official loans and grants, technical assistance, other concessional cofinancing, 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 1970 to the end of 2015, cumulative direct value-added (DVA) official cofinancing for Georgia amounted to $185 million for two investment projects and $2.3 million for two technical assistance projects. Cumulative DVA commercial cofinancing for Georgia amounted to $112.7 million for two investment projects.

Georgia: Projects Cofinanced, 1 January 2011–31 December 2015

Cofinancing No. of Projects Amount
($ million)
Projectsa 3 127.68
 Official loans 1 15.00
 Commercial cofinancing 2 112.68
Technical Assistance Grants 1 0.60

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

Investment Projects Cofinanced for Georgia, 1 January 2011–31 December 2015

Project ADB
($ million)
($ million)
Type of
Adjaristsqali Hydropower 75.00 104.85 C/O
Trade Finance Program 55.32 22.83 C

a Loan, grant or blend.
b C = commercial cofinancing, O = official cofinancing.