Funds and Resources
ADB offers loans, grants, and technical assistance from Special Funds, Trust Funds, and other sources to help reduce poverty in Asia’s poorest countries.
The Leading Asia's Private Infrastructure Fund was established in March 2016. The fund is an infrastructure co-financing fund, expected to leverage and complement ADB’s existing nonsovereign platform to fill financing gaps and increase access to finance for infrastructure projects in the region. Japan International Cooperation Agency (JICA) has made a contribution to the fund.
The fund will provide cofinancing to nonsovereign infrastructure projects at different stages of development, including early stage, growth stage, and greenfield and brownfield projects. It will support projects with strong anticipated development impacts and alignment with the strategies of ADB and JICA. The fund will undertake project finance (nonrecourse or limited recourse) and corporate finance transactions, and will seek to support a range of private sector participation modalities including public–private partnerships, joint ventures, private finance initiative projects, and privatizations, as well as conventional project finance.
Eligible project types will include the following infrastructure subsectors:
The fund will extend ADB’s operations by deploying both commercial and concessional capital from the same fund, and cofinancing will be provided in the form of loans, equity investments, and mezzanine finance transactions.
The fund will provide financing to companies and projects, as well as to financial intermediaries (e.g., holding companies and local currency vehicles) where there is a link to Infrastructure (with the exclusion of private equity funds).
Eligible countries include ADB developing member countries that are also eligible for official development assistance (ODA) from Japan.
The Japan International Cooperation Agency (JICA) supports the fund.