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 1970 to the end of 2016, cumulative direct value-added official cofinancing for Samoa amounted to $108.9 million for eight investment projects, and $2.9 million for eight technical assistance projects.
In 2016, Samoa received $10.9 million grant cofinancing from the governments of Australia and New Zealand, and the European Union, and $5 million loan cofinancing from the World Bank for subprogram 1 of the Fiscal Resilience Improvement Program.
Samoa: Projects Cofinanced, 1 January 2012–31 December 2016
|Cofinancing||No. of Projects||Amount ($ million)|
|Technical Assistance Grant||1||0.23|
a A project with more than one source of cofinancing is counted once.
Investment Projects Cofinanced for Samoa, 1 January 2012–31 December 2016
|Project||ADB Amounta ($ million)||Cofinancing Amount ($ million)||Type of Cofinancingb|
|Fiscal Resilience Improvement Program – Subprogram 1||5.00||15.90||G/O|
|Renewable Energy Development and Power Sector Rehabilitation||18.21||8.55||G|
|Samoa Submarine Cable||25.00||17.50||G|
– = nil.
a Loan, grant or blend.
b G = grant cofinancing, O = official loan cofinancing.