United Arab Emirates

The United Arab Emirates channels its development assistance through the Abu Dhabi Fund for Development, established in 1971 by the Abu Dhabi government. The fund provides concessionary loans for economic and social development projects. It prioritizes education, energy, finance and trade, health and food security, regional initiatives, transport, and urban services. The fund cofinanced two ongoing projects: the South Asia Subregional Economic Cooperation Road Connectivity and the Tina River Hydropower in the Solomon Islands.

At a Glance

Cumulative Project-Specific Cofinancing

$45 million

  

In 2012, ADB and Abu Dhabi Fund signed a memorandum of understanding on cofinancing arrangements for 2012–2015. This has since been extended to cover 2015–2020.

Interested in learning about financing partnerships? Contact Us