Viet Nam: 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 1972 to the end of 2017, cumulative direct value-added official cofinancing commitments for Viet Nam amounted to $4.57 billion for 54 investment projects and $113.30 million for 93 technical assistance projects. Cumulative direct value-added commercial cofinancing for Viet Nam amounted to $6.37 billion for two investment projects.
In 2017, Viet Nam received loan cofinancing of $724.02 million from the governments of Japan and France for two investment projects; and $5.80 million grant cofinancing from the Integrated Disaster Risk Management Fund, and Urban Climate Change Resilience Trust Fund under the Urban Financing Partnership Facility for two investment projects.