Promoting Investments and Economic Growth in Central and West Asia, East Asia, and South Asia Subreg (ADB-52066-001)

Regions
  • East Asia and Pacific
Where the impacts of the investment may be experienced.
Countries
  • Afghanistan
  • Armenia
  • Azerbaijan
  • Bangladesh
  • Bhutan
  • China
  • Georgia
  • India
  • Kazakhstan
  • Kyrgyzstan
  • Maldives
  • Mongolia
  • Nepal
  • Pakistan
  • Sri Lanka
  • Tajikistan
  • Turkmenistan
  • Uzbekistan
Where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
C
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Oct 11, 2018
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Sectors
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 2.30 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Feb 20, 2019

Disclosed by Bank Oct 15, 2018


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Project Description

According to bank documents, The knowledge and support technical assistance (TA) will fund a feasibility study to further develop the concept and articulate the business case for establishing a multilateral trade credit and investment (re-) guarantee agency (TCIGA). The proposed TCIGA would assist in promoting foreign direct investment (FDI) and sustainable economic growth in the Central and West Asia (CWA), East Asia, and South Asia subregions through intra-regional and interregional trade.

Investment Description
  • Asian Development Bank (ADB)
Contact Information

Responsible ADB Officer Pladet, Roland C.J.
Responsible ADB Department Central and West Asia Department
Responsible ADB Division Public Management, Financial Sector and Trade Division, CWRD
Executing Agencies
Asian Development Bank
6 ADB Avenue, Mandaluyong City 1550, Philippines

ACCOUNTABILITY MECHANISM OF ADB

The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main