Regional : Business Development and Implementation Support for Non-Sovereign Operations

Nonsovereign Project | 57279-001

Reducing poverty in Asia and the Pacific requires strong private sector engagement to address key development and infrastructure gaps, offer stable trade opportunities, and create gainful employment. While there has already been a robust growth in the region in recent years with substantial private sector engagement, the Asian Development Bank (ADB) is committed to significantly increase its private sector support through providing financing and support to commercially viable private sector projects. In many of ADB's developing member countries (DMCs) particularly fragile and frontier economies, identification and development of sustainable private sector projects for ADB to support remains a key challenge.

Project Details

  • Project Officer
    Abel, Genevieve
    Private Sector Operations Department
    Request for information
  • Country/Economy
    Regional
  • Sector
    • Finance
Project Name Business Development and Implementation Support for Non-Sovereign Operations
Project Number 57279-001
Borrower / Company
Country / Economy Regional
Location Regional
Type or Modality of Assistance
TA 0060-REG: Business Development and Implementation Support for Non-Sovereign Operations
Technical Assistance Special Fund US$ 5.00 million
Operational Priorities OP1: Addressing remaining poverty and reducing inequalities
OP3: Tackling climate change, building climate and disaster resilience, and enhancing environmental sustainability
OP5: Promoting rural development and food security
OP6: Strengthening governance and institutional capacity
Sector / Subsector

Agriculture, natural resources and rural development / Agricultural production - Agro-industry, marketing, and trade

Education / Education sector development

Energy / Conventional energy generation - Oil and gas transmission and distribution - Renewable energy generation - solar - Renewable energy generation - wind

Finance / Banking systems and nonbank financial institutions - Housing finance - Infrastructure finance and investment funds - Small and medium enterprise finance and leasing

Health / Health system development

Transport / Multimodal logistics - Rail transport (non-urban) - Road transport (non-urban)

Water and other urban infrastructure and services / Urban water supply

Gender No gender elements
Responsible ADB Department Private Sector Operations Department
Responsible ADB Division Private Sector Transaction Support Division (PSTS)
Responsible ADB Officer Abel, Genevieve
Project Sponsor(s)
Objectives and Scope

Reducing poverty in Asia and the Pacific requires strong private sector engagement to address key development and infrastructure gaps, offer stable trade opportunities, and create gainful employment. While there has already been a robust growth in the region in recent years with substantial private sector engagement, the Asian Development Bank (ADB) is committed to significantly increase its private sector support through providing financing and support to commercially viable private sector projects. In many of ADB's developing member countries (DMCs) particularly fragile and frontier economies, identification and development of sustainable private sector projects for ADB to support remains a key challenge.

Such challenges arise from inadequate awareness of private sector sponsors and borrowers about the value which ADB's private sector operations support can bring to potential interested private sector partners in terms of products and expertise in designing and preparing projects that would comply with ADB's safeguards and credit requirements, would encourage women's participation, and, in certain cases, helping to correct deficiencies in a business' enabling environment that fall short of attracting private sector investments.

Corruption, fraud, and money laundering harm economic development and hinder efforts to reduce poverty and have emerged as one of the key development challenges in Asia and the Pacific. To address this, ADB's Anticorruption Policy requires ADB projects and staff to adhere to the highest standards in these regards.

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
Timetable for assistance design, processing and implementation
Concept Clearance -
Credit Committee Meeting -
Approval -
Last PDS Update 17 Nov 2023

TA 0060-REG

Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
5,000,000.00 0.00 0.00 0.00 0.00 0.00 5,000,000.00 - 0.00

Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.

The Access to Information Policy (AIP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.

The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.

In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.


Safeguard Documents See also: Safeguards
Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.

None currently available.


Evaluation Documents See also: Independent Evaluation

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Related Publications

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The Access to Information Policy (AIP) establishes the disclosure requirements for documents and information ADB produces or requires to be produced in its operations to facilitate stakeholder participation in ADB's decision-making. For more information, refer to the Safeguard Policy Statement, Operations Manual F1, and Operations Manual L3.

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