fbpx Development Effectiveness Report 2018: Private Sector Operations | Asian Development Bank

Development Effectiveness Report 2018: Private Sector Operations

Institutional Document | May 2019

This report highlights the Asian Development Bank (ADB) private sector operations’ development results in 2018 and major contributions to ADB’s Strategy 2030 and the Sustainable Development Goals (SDGs).

ADB's private sector portfolio grew by 14% to $12.4 billion in 2018, committing a record $3.1 billion for 32 new projects expected to generate $725 million in government revenues; procure local goods and services worth $2.5 billion; and create 25,957 jobs. ADB is working with the private sector in Asia and the Pacific to help the region achieve a prosperous, inclusive, resilient, and sustainable future. PSOD achieved a record $3.1 billion in private sector commitments in 2018, from $2.3 billion in 2017. It also mobilized $7.2 billion in cofinancing in 2018, representing almost half of all cofinancing mobilized by ADB. The energy sector still accounts for more than half of the funding commitment at $1.7 billion. Financial institutions will also benefit from the new commitments, as well as agribusiness ventures.

Under Strategy 2030, ADB will expand its private sector operations to reach one-third of its total operations in number by 2024.

Contents 

  • ADB's Private Sector Operations at a Glance
  • Executive Summary
  • Introduction
  • Operational Results
  • Catalyzing and Mobilizing Cofinancing
  • Contributions to Strategy 2030 Operational Priorities
  • Post-completion Evaluation of Transactions
  • Awards Received by ADB, Its Investees, and Transactions
  • Measuring ADB’s Private Sector Operations Contributions to the Sustainable Development Goals