The latest ADB Country Operations Business Plans, or COBPs, for the 2017-2019 period accounts for over 800 projects worth more than $71 billion in ADB contributions. Devex aggregated and analyzed all the public information from the latest ADB COBPs and created an interactive visualization tool that allows individuals and firms to search for ADB lending or non-lending contributions by year, sector and location.
Here’s what you need to know about future ADB business opportunities.
ADB’s operations and business opportunities
According to the new ADB report Meeting Asia's Infrastructure Needs, infrastructure needs in developing Asia and the Pacific will require an investment of $26 trillion from 2016 to 2030, or $1.7 trillion per year. Aware of this reality, the ADB is expanding its operations. In 2016, ADB reached an all-time high of $17.5 billion in sovereign and non-sovereign project approvals, a 9 percent increase from $16 billion in 2015. By 2020, ADB is planning on increasing that figure to over $20 billion, thanks to the merger of ADB’s two main lending instruments: the Asian Development Fund and the Ordinary Capital Resources. This enhancement of the ADB financial capacity took effect on January 1, 2017, and it means donor contributions that replenished the ADF every four years will no longer be required to support concessional lending operations. The ADF is retained as a grant-only donor fund to provide grant assistance to the most debt-distressed countries in the region, and the generous concessional loans that it used to provide to low-income countries will be supported under the same conditions from the expanded OCR balance sheet.
According to the ADB, as of December 2016, the bank had a pipeline of $28.8 billion uncontracted loans and grants funds. These opportunities belong to projects that have already been approved by the ADB board and are currently in implementation. According to the ADB data, for the period 2007-2016, delays on contract awards and disbursements of approved projects is estimated to account between $1 and $5 billion every year.
Arnau Rovira is part of the Devex's Development Data team in Barcelona where he works on analyzing and understanding donor and country priorities through the use of data. He previously worked as business intelligence analyst at Scytl, worldwide leader on electoral voting solutions. In his interest to the international and electoral affairs he became electoral observer. Until now, he has been deployed in Uruguay, Ukraine and Bosnia and Herzegovina.
Raquel Alcega leads Devex's development data team, which tracks and analyzes the funding, programs and activities of financial institutions, philanthropic organizations and corporations that operate at the intersection of business and global development. Prior to joining Devex's Barcelona office, she worked in business development in Washington, D.C., and as a researcher in Russia and Mexico.
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