Regional : Financial Sustainability of Early-stage Infrastructure Development—

Nonsovereign Project | 53423-001

Infraco Asia Development Pte. Ltd. (Infraco Asia) has requested ADB support in its endeavor to achieve commercial sustainability of its operations, which are of high developmental significance. Infraco Asia is a commercially managed infrastructure development and investment company of the Private Infrastructure Development Group (PIDG). Headquartered in Singapore, it aims to stimulate greater private sector investment in infrastructure in South and South East Asia. InfraCo Asia funds high-risk infrastructure development activities by taking an equity stake with a focus on socially responsible and commercially viable infrastructure projects that contribute to economic growth, social development and poverty reduction. At the appropriate time, either as close as possible to financial close and/or commercial operation, InfraCo Asia aims to (partially or fully, as appropriate) exit each project.

Project Details

  • Project Officer
    Mellor, Dominic P.
    Private Sector Operations Department
    Request for information
  • Country/Economy
    Regional
  • Sector
    • Energy
Project Name
Financial Sustainability of Early-stage Infrastructure Development—
Project Number
53423-001
Country / Economy
  • Regional
Location
Regional
Type or Modality of Assistance
TA 9926-REG: Financial Sustainability of Early-stage Infrastructure Development
Source Amount
Technical Assistance Special Fund US$ 220,000.00
Operational Priorities
  • OP1: Addressing remaining poverty and reducing inequalities
  • OP2: Accelerating progress in gender equality
  • OP3: Tackling climate change, building climate and disaster resilience, and enhancing environmental sustainability
  • OP4: Making cities more livable
  • OP5: Promoting rural development and food security
  • OP6: Strengthening governance and institutional capacity
  • OP7: Fostering regional cooperation and integration
Sector / Subsector
  • Agriculture, natural resources and rural development / Agricultural production

  • Energy / Energy efficiency and conservation

  • Information and communication technology / ICT infrastructure

  • Transport / Multimodal logistics

  • Water and other urban infrastructure and services / Urban sewerage

Gender
Some gender elements
Project Sponsor(s)
    Objectives and Scope
    Infraco Asia Development Pte. Ltd. (Infraco Asia) has requested ADB support in its endeavor to achieve commercial sustainability of its operations, which are of high developmental significance. Infraco Asia is a commercially managed infrastructure development and investment company of the Private Infrastructure Development Group (PIDG). Headquartered in Singapore, it aims to stimulate greater private sector investment in infrastructure in South and South East Asia. InfraCo Asia funds high-risk infrastructure development activities by taking an equity stake with a focus on socially responsible and commercially viable infrastructure projects that contribute to economic growth, social development and poverty reduction. At the appropriate time, either as close as possible to financial close and/or commercial operation, InfraCo Asia aims to (partially or fully, as appropriate) exit each project. It does this through the sale of its stake to the private sector in order to catalyze private sector investment and participation into the projects and countries it is involved in.
    Linkage to Country/Regional Strategy

    Safeguard Categories

    Environment
    Involuntary Resettlement
    Indigenous Peoples

    Summary of Environmental and Social Aspects

    Environmental Aspects
    Involuntary Resettlement
    Indigenous Peoples
    Stakeholder Communication, Participation, and Consultation

    Contact

    Responsible ADB Officer
    Mellor, Dominic P.
    Responsible ADB Division
    Office of the Director General, PSOD (OPSD)
    Responsible ADB Department
    Private Sector Operations Department

    Timetable for assistance design, processing, and implementation

    Concept Clearance
    -
    Credit Committee Meeting
    -
    Approval
    -
    Last PDS Update
    07 Sep 2023

    Funding

    TA 9926-REG

    Milestones
    Approval Signing Date Effectivity Date Closing
    Original Revised Actual
    20 Dec 2019 - 20 Dec 2019 31 Dec 2020 31 Dec 2023 26 Mar 2024
    Financing Plan/TA Utilization
    ADB Cofinancing Counterpart Total
    Gov Beneficiaries Project Sponsor Others
    220,000.00 0.00 0.00 0.00 0.00 0.00 220,000.00
    Cumulative Disbursements
    Date Amount
    05 Apr 2024 220,000.00

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    Related Publications

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