USD 1.5 billion
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 non-sovereign platform to fill financing gaps and increase access to finance for infrastructure projects in the region.
The fund will provide cofinancing to non-sovereign 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.
Japan
Funding Type
Monitoring and Reporting Procedures
Project implementation, supervision, and monitoring will be conducted by user departments following ADB’s standard policies, procedures, and guidelines.
Eligibility Criteria
Eligible project types will include the following infrastructure subsectors:
- energy, including renewable energy generation, energy efficiency and conservation;
- water and other urban infrastructure and services, including water, wastewater, and solid waste management;
- transport, including road transport, water transport, rail transport, air transport, multimodal logistics, urban roads and traffic management, and urban public transport;
- information and communication technology; and
- health.
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
Eligible countries include ADB developing member countries that are also eligible for official development assistance (ODA) from Japan.
Contact ADB for more information.