Leading Asia's Private Infrastructure Fund (LEAP)

Climate Objective
Adaptation
Sectors and Themes
Cities
Energy
Industry and Infrastructure
Transport
Water
Type of Support Provider
Multilateral
Type of Recipient
Private sector
Fund Size

$806.2 million

Co-financing Requirement
No
Application Timeframe

Open for submission. No batch schedule.

Trustee or Administrator
Asian Development Bank (ADB)
Contact Information

Fund Manager: Maria Joao Pateguana - mpateguana[at]adb.org

Fund Team: Jeanette Morales - jmorales[at]ad.org

Region
East Asia and Pacific
Europe and Central Asia
South Asia

The fund is an infrastructure cofinancing 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.

Support Provider

Japan

Purpose of Support
Project and program implementation
Funding Type
Loans (concessional and market-rate)
Other
Monitoring and Reporting Procedures

Project implementation, supervision, and monitoring will be conducted by user departments following ADB’s standard policies, procedures, and guidelines.

Organizational and Decision Making Structure

The Japan International Cooperation Agency (JICA) reviews applications from ADB and approve the LEAP amount for each application.

All nonsovereign fund financing requests will be reviewed by ADB's Blended Finance Committee, before endorsed by ADB's Investment Committee, Concept Review Committee and/or FAST Committee.

Eligibility Criteria

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.

Eligible Countries

All ADB developing member countries

Information on how to

Contact ADB for more information.