asian development bank (adb) and...

ASIAN DEVELOPMENT BANK (ADB)

and PORTUGAL

A Brief Overview of the

Samantha Hung, Deputy RepresentativeADB European Representative OfficeThe Multilateral DaysLisbon, 21 November 2019

Manila HQ31 field offices

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ADB OFFICES

ADB - KEY FACTS• Established in 1966• 68 member countries; 49 in the region• Japan & US are largest members• Board of Governors & Directors• President & 6 Vice Presidents • Total capital: 152 billion • Manila Headquarters • 31 field offices• As of end 2018:

- 3,374 Staff- 60+ nationalities

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Portugal’s Membership

• Joined in 2002• Capital subscription: $502.35 million• Paid-in capital: $25.17 million• Shareholding: 0.34%• Voting power 0.57%• Contributed to Asian Development

Fund (ADF) & Technical Assistance Special Fund (TASF)

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• Mario Centeno, Governor for Portugal

• Enrique Galan, Alternate Executive Director on Board

• Part of Constituency Office for Belgium, France, Italy, Spain & Switzerland

• 9 Portuguese Staff

ADB STRATEGY & CORE BUSINESS

A prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining efforts to eradicate

extreme poverty

+Finance +Knowledge +Partnerships

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ADB’s Strategy 2030

7 operational priorities

Promoting rural development and food security

Strengthening governance and institutional capacity

Fostering regional cooperation and integration

Addressing remaining poverty and reducing

inequalities

Accelerating progress in gender equality

Tackling climate change, building climate and disaster resilience, and enhancing

environmental sustainability

Making cities more livable

At least 75% of number of ADB committed operations

by 2030

At least 75% of number of ADB committed operations by 2030, total of $80 billion from

ADB’s own resources from 2019 to 2030

Key ApproachesExpanding private sector operations

Catalyzing and mobilizing financial resources for development

Strengthening knowledge services

$1 in private sector operations financing matched by $2.50 of cofinancing

1/3 of number of ADB committed operations by 2024

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2018 Annual Operations

• $21.58 billion in loans and grants and others• $241 million for technical assistance• $13.99 billion from cofinancing partners

$35.82BILLION

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Annual assistance by region

$8.02 billionCentral and West Asia

$10.90 billionSouth Asia

$11.39 billionSoutheastAsia

$4.14 billionEast Asia

$0.53 billionPacific

$35.82BILLION

$0.84 billionRegional

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Transport36%

Energy25%

Water and Other Urban Infrastructure and Services

13%

Agriculture, Natural Resources, and Rural Development 11%

Education7%

Finance3%

Health2%

Public Sector Management 2%

Industry and Trade 1%

Information and Communication Technology <1%

Multisector <1%

Annual assistance by sector

We look forward to doing business with you!

shung@adb.org+49 69 2193 6400www.adb.org/ero

@ADB_Europe