What is the fund?
The Japan Fund for Information and Communication Technology (JFICT) was established in 2001 initially for a 3-year period to harness the potential of information and communication technology (ICT) and bridge the growing digital divide in Asia and the Pacific. The fund was originally scheduled to close by July 2004 but was extended to accommodate new proposals.
What are the priorities?
JFICT-funded projects strongly support and enhance the effectiveness and impact of ADB’s Poverty Reduction Strategy (PRS).
What kind of activities were financed from the fund?
The fund is in line with ADB’s strategic approach for ICT, which recognizes ADB’s limited financial and human resources and consists of three strategic thrusts:
- creating and enabling environment
- building human resources
- developing ICT applications and information content
Who is eligible to receive the funding?
All ADB developing member countries (DMCs) are eligible for funding.
Who supports the fund?
Japan supports the fund.