Kyrgyz Republic: Cofinancing | Asian Development Bank

Kyrgyz Republic: 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 1994 to the end of 2016, cumulative direct value-added official cofinancing for the Kyrgyz Republic amounted to $373.6 million for 13 investment projects and $4.4 million for 10 technical assistance projects.

In 2016, the Kyrgyz Republic received $117 million loan cofinancing from the Eurasian Development Bank, the Islamic Development Bank, and the Saudi Fund for Development for the CAREC Corridors 1 and 3 Connector Road; and $40 million loan cofinancing for the Toktogul Rehabilitation Phase 3.

Kyrgyz Republic: Projects Cofinanced, 1 January 2012–31 December 2016

Cofinancing No. of Projects Amount ($ million)
Projectsa 5 318.50
 Grants 1 1.50
 Official loans 4 317.00
Technical Assistance Grants 4 1.40

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

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

Project ADB Amounta ($ million) Cofinancing Amount ($ million) Type of Cofinancingb
Central Asia Regional Economic Cooperation Corridor 3 (Bishkek–Osh Road) Improvement, Phase 4 100.00 60.00 O
Central Asia Regional Economic Cooperation Corridors 1 and 3 Connector Road 95.11 117.00 O
Toktogul Rehabilitation, Phase 2 110.00 100.00 O
Toktogul Rehabilitation, Phase 3 110.00 40.00 O
Women's Entrepreneurship Development 1.50 G

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