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Private Sector (Nonsovereign) Financing

ADB focuses on projects that help promote private investments in the region that will have significant development impact and will lead to accelerated, sustainable, and inclusive growth.

Private Sector Financing Activities

  • 15 December 2020 ADB signs the first East Asia-Private Sector Operations Department joint nonsovereign loan in PRC

    Shenzhen Water Group President Wu Hui, Shenzhen Water and Environment Investment Group Chairman Wang Gang, and PRC Resident Mission Country Director Yolanda Fernandez Lommen on 14 December signed a $200 million loan facility for the Climate-Resilient and Smart Urban Water Infrastructure Project. The project will build urban resilience to climate change and deliver sustainable solutions for urban water management by supporting sponge city development and smart water technology applications. It brings together knowledge and expertise across ADB's East Asia, Private Sector Operations, and Sustainable Development and Climate Change departments and deepens its engagement in the urban water sector through a One ADB approach. It also marks the first nonsovereign water project for effective gender mainstreaming. 

  • 14 December 2020 ADB signs nonsovereign COVID-19 response project in Viet Nam

    ADB Viet Nam Resident Mission Country Director Andrew Jeffries and Imexpharm Corporation Chairperson Tran Thi Dao on 14 December signed an $8 million loan to help the company sustain its production of generic medicines despite global supply disruptions caused by the COVID-19 pandemic. Imexpharm is one of the leading manufacturers of generic drugs in Viet Nam. 

  • 14 December 2020 ADB signs nonsovereign loan in the PRC

    Shenzhen Water Group President Wu Hui, Shenzhen Water and Environment Investment Group Chairman Wang Gang, and the People's Republic of China Resident Mission Country Director Yolanda Fernandez Lommen on 14 December 2020 signed a $200 million loan facility for the Climate-Resilient and Smart Urban Water Infrastructure Project. The project will build urban resilience to climate change and deliver sustainable solutions for urban water management by supporting sponge city development and smart water technology applications. It marks the first nonsovereign water project for effective gender mainstreaming. Read the news release.

  • 14 December 2020 ADB signs nonsovereign COVID-19 response project in Viet Nam

    Viet Nam Resident Mission Country Director Andrew Jeffries and Imexpharm Corporation Chairperson Tran Thi Dao on 14 December 2020 signed an $8 million loan to help the company sustain its production of generic medicines despite global supply disruptions caused by the COVID-19 pandemic. Imexpharm is one of the leading manufacturers of generic drugs in Viet Nam. Read the news release.

  • 10 December 2020 ADB's Trade and Supply Chain Finance Program awarded for crisis leadership

    The Global Finance magazine has given an award to ADB's Trade and Supply Chain Finance Program for its outstanding crisis leadership during COVID-19. The award recognized "banks and companies that went above and beyond in responding to the global pandemic crisis." 

  • 9 December 2020 ADB, Olam to support smallholder farmers' livelihoods disrupted by COVID-19

    Private Sector Operations Department Deputy Director General Christopher Thieme on 9 December 2020 signed a loan of up to $93.75 million for Olam International to support the livelihoods of about 100,000 smallholder farmers in Indonesia, Papua New Guinea, and Viet Nam by helping them cope with supply chain disruptions caused by the COVID-19 pandemic. The loan will provide Olam with working capital financing to increase the purchase of coffee, cocoa, and other high-value crops from smallholder farmers. Read the news release.

  • 1 December 2020 ADB, AIIB, IFC, NDB hold first joint private sector consultation with the PRC Ministry of Finance

    Private Sector Operations Department (PSOD) Director-General Michael Barrow on 1 December 2020 highlighted PSOD's sector focus, financial products, and selectivity criteria in his keynote speech at a People's Republic of China (PRC) Ministry of Finance-hosted workshop. The discussion aimed to further expand nonsovereign operations and collaboration on cofinance. The PSOD Beijing team presented case studies with high development impacts. PRC Ministry of Finance Director-General Zhongjing Wang, Shenzhen Financial Bureau Director-General Shukui Tang, senior management of Asian Infrastructure Investment Bank, International Finance Corporation, New Development Bank, and 50 governments' representatives participated in the discussion.

  • 24 November 2020 VP Lavasa attends signing ceremony for ADB's first nonsovereign Blue Loan

    VP Ashok Lavasa on 24 November 2020 joined a virtual signing ceremony with Indorama Ventures Public Company Limited (IVL) for the Indorama Ventures Regional Blue Loan Project. The project will support IVL’s construction and operation of recycled polyethylene terephthalate facilities in Thailand, Indonesia, the Philippines, and India, to mitigate marine plastic pollution. The $100 million loan, comprising a direct loan and a LEAP parallel loan, is ADB’s first nonsovereign loan dedicated to help Asia's oceans - or Blue Loan - with external verification. Private Sector Operations Department's Director-General Michael Barrow and Deputy Director-General Christopher Thieme also joined the ceremony virtually. Read the news release

  • 18 November 2020 VP Lavasa speaks on Kazakhstan's post COVID-19 economic recovery measures

    VP Ashok Lavasa delivered remarks on 18 November 2020 at the Foreign Investors Council of Kazakhstan plenary session where he discussed the measures for the post COVID-19 economic recovery and investment activity in Kazakhstan. Kazakhstan President Kassym-Zhomart Tokayev chaired the high-level event attended by about 100 senior officials, including European Bank of Reconstruction and Development President Odile Renaud-Basso and World Bank VP Anna Bjerde. VP Lavasa noted the importance of investing for innovations and long-term strategic investment planning, underscoring the need to develop reliable capital markets in Kazakhstan.

  • 17 November 2020 VP Lavasa attends signing ceremony for Binh Duong Water Environment Company in Viet Nam

    VP Ashok Lavasa on 17 November 2020 joined a virtual signing ceremony for an $8 million corporate loan facility for Binh Duong Water Environment Joint Stock Company to support its investment in a 100,000-cubic-meters-per-day of water production capacity in the Tan Hiep Water Treatment Plant in Viet Nam’s Binh Duong province. The project, processed through a One ADB approach, marks the first Private Sector Operations Department–Southeast Asia Department joint nonsovereign operation in Viet Nam and ADB’s first nonsovereign transaction in the water sector in the Greater Mekong Subregion. Read the news release

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