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!
[email protected]+49 69 2193 6400www.adb.org/ero
@ADB_Europe