Annual Report of the e-Asia and Knowledge Partnership Fund (2009-2010)
This report describes and reviews the progress of Fund operations during the period of July 2009–June 2010, in compliance with the reporting requirements stipulated in the ADB Board Paper and the ADB-GOK Channel Financing Agreement.
The e-Asia and Knowledge Partnership Fund was established under ADB in June 2006, with a contribution of $20 million from the Government of the Republic of Korea (GOK), represented by the Ministry of Strategy and Finance and by the Export–Import Bank of Korea. In the fourth year of the Fund’s operation, from 1 July 2009 to 30 June 2010, GOK endorsed a total of 12 new proposals—seven under the e-Asia program and five under Knowledge Partnership program—which amounted to $6,000,000. Out of these new proposals, ADB approved eight proposals—five under the e-Asia program and three under the Knowledge Partnership program—for a total funding amount of $4,000,000 and a 67% approval rate.
From 2006 to 2010, the Fund has committed $18.15 million to 37 projects endorsed by GOK, of which 33 projects worth $16.15 million have been approved by ADB. The e-Asia Program has supported 21 projects while the Knowledge Partnership program has funded 16 projects.
- Executive Summary
- Highlights of Overall Operation of the Fund (2006-2010)
- Conclusion and Recommendation