Multilateral Partners
OPEC Fund for International Development
The OPEC Fund for International Development (OFID) is a developmental funding agency by the member- states of the Organization of the Petroleum Exporting Countries (OPEC). It was established in 1976 and prioritizes projects in Armenia, Azerbaijan, Bangladesh, Bhutan, Cambodia, India, Kazakhstan, the Kyrgyz Republic, the Lao People's Democratic Republic, Maldives, Mongolia, Nepal, Papua New Guinea, the Philippines, Samoa, Solomon Islands, Sri Lanka, Tajikistan, Tonga, Turkmenistan, and Uzbekistan. The priority focus of OFID’s Corporate Plan 2016–2025 is the energy–water–food nexus, underpinned by transportation as the enabling sector. It also prioritizes projects advancing agriculture, education, health, and water supply and sanitation.
ADB and OFID signed a new framework cofinancing agreement in August 2016, where OFID committed $600 million for projects implemented in 2016-2021.
1 January 2014–31 December 2018 Cofinancing with OPEC Fund for International Development
| Country | Project | Cofinancing Amount ($ million) | Type of Cofinancinga |
|---|---|---|---|
| Bangladesh | Third Urban Governance and Infrastructure Improvement (Sector) | 40.00 | L |
| Lao People's Democratic Republic | Second Northern Greater Mekong Subregion Transport Network Improvement—Additional Financing | 9.00 | L |
| Vientiane Sustainable Urban Transport | 15.00 | L | |
| Nepal | Community-Managed Irrigated Agriculture Sector – Additional Financing | 30.00 | L |
| Kathmandu Valley Wastewater Management | 16.00 | L | |
| Third Small Towns Water Supply and Sanitation Sector | 20.00 | L | |
| Tajikistan | Central Asia Regional Economic Cooperation Corridors 2, 5, and 6 (Dushanbe–Kurgonteppa) Road | 12.00 | L |
OPEC = Organization of Petroleum Exporting Countries
a L = official loan cofinancing