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ADB Australia A Fact Sheet Australia and ADB www.adb.org he Asian Development Bank (ADB) is a multilateral development finance institution owned by 63 members, 45 from Asia and the Pacific and 18 from other parts of the globe. ADB’s vision is an Asia and Pacific region free of poverty. Its mission is to help its developing Tmember countries reduce poverty and improve their living conditions and quality of life. ADB pursues a strategic agenda—sustainable economic growth, inclusive social development, and governance for effective policies and institutions—with three crosscutting themes: private sector development, regional cooperation, and environmental sustainability. ADB’s main instruments in providing help to its developing member countries are policy dialogues, loans, technical assistance, grants, guarantees, and equity investments. In 2003, ADB’s total lending volume was US$6.1 billion. Technical assistance, which is used for preparing and implementing projects, supporting advisory activities, and undertaking regional activities, amounted to US$176.5 million. Grants totaling US$483.5 million were also provided. ADB was established in 1966. Australia was one of its 31 founding members. ADB’s headquarters is in Manila. It has 23 offices around the world. ADB’s staff numbers more than 2,000 employees from over 50 countries. 31 December 2003 Shareholding and Voting Power Australia is the fourth largest shareholder in ADB among its regional members. Overall, Australia is the fifth largest shareholder. Number of shares held: 204,740 (5.85% of total shares) Votes: 218,625 (5.00% of total membership, 7.70% of total regional membership) Overall capital subscription: US$3.04 billion Paid-in capital subscription: US$213.06 million Contributions to Special Funds Resources Australia has contributed to the Asian Development Fund (ADF), which is ADB’s window for concessional lending to its borrowing members, and to the Technical Assistance Special Fund (TASF), which provides grants to borrowing members to help prepare projects and undertake technical or policy studies. Australia’s contributions to the ADF (committed): US$1.22 billion Australia’s contributions to the TASF (committed): US$17.31 million Channel Financing Agreement A channel financing agreement between Australia and ADB was signed on 8 October 1993. As of 31 December 2003, the cumulative amount contributed was US$10.3 million. Broad direction of the program for the year ahead, including geographical and sectoral priorities, will be discussed during annual consultations with the Australian Government. Proposed projects for funding, including esti- mated costs and implementation schedule, will also be discussed during the annual consultation. Nauru and Solomon Islands are first priority countries while Fiji Islands, Papua New Guinea, and Vanuatu are second priority. Cofinancing ADB arranges cofinancing from official, commercial, and export credit sources as additional resources for project financing. Cofinancing arrangements in 2003 amounted to US$2.42 billion for 28 loan projects and US$471.93 million in untied grant financing for 89 technical assistance projects and grant components of loan projects. At the end of 2003, cumulative cofinancing arrangements (beginning in 1970) amounted to US$40.65 billion for 637 loan projects and US$1.055 billion in grants for 590 technical assistance projects and grant components of loan projects. Cofinancing with Australia from 1 January 1999 to 31 December 2003 comprised the following. Loans: 11 loan projects, cofinancing of US$190.66 million Official: 7 loan projects, cofinancing of US$33.86 million Commercial: 3 loan projects, cofinancing of US$101.80 million Export Credit: 1 loan project, cofinancing of US$55.00 million Technical Assistance: 18 technical assistance projects, cofinancing of US$15.90 million Loan projects cofinanced with Australia, 1 January 1999–31 December 2003. ADB Loan Cofinancing Amount Amount Type of Country Project (US$ million) (US$ million) Cofinancinga Bangladesh Second Primary Education 100.00 12.00 O Development Program (Sector Loan) Bangladesh Meghnaghat Power 50.00 90.00 C Cambodia Primary Roads Restoration 68.00 0.86 O China, Chengdu Generale Des 26.50 3.30 C People’s Eaux-Marubeni Waterworks Republic of Company Ltd. Fiji Islands Fiji Ports Development 16.80 8.50 C Papua New Provincial Towns Water 15.30 1.80 O Guinea Supply and Sanitation Papua New Microfinance and 9.60 0.91 O Guinea Employment Papua New Rehabilitation of the 20.60 0.80 O Guinea Maritime Navigation Aids System Papua New Employment-Oriented 20.00 5.49 O Guinea Skills Development Papua New Financial Management 25.80 12.00 O Guinea Philippines North Luzon Expressway 45.00 55.00 E Rehabilitation and Expansion a C = commercial cofinancing, E = export credit cofinancing, O = official cofinancing Share of ADB’s Procurement Contracts Each year, ADB provides loans to fund projects and activities in its Asian and Pacific developing members and several billion US dollars’ worth of contracts to procure goods and consulting services. From 1 January 1999 to 31 December 2003, ADB approved US$27.66 billion in loans for 318 projects and US$839.3 million in technical assistance for 1,503 projects. As of 31 December 2003, the cumulative totals were US$105.07 billion in loans for 1,818 projects in 39 countries and US$2.20 billion for 5,053 technical assistance projects, including regional technical assistance projects. Procurement contracts for goods and related services, civil works, and consulting services under loan and technical assistance operations totaled US$4.46 billion in 2002 and US$3.50 billion in 2003. Cumulative procurement as of 31 December 2003 was US$70.94 billion. Most contracts were awarded on the basis of international competition, which is open to firms and individuals from any ADB member country, regional or nonregional. Australia’s share of procurement contracts, 2002–2003. Cumulative 2002 2003 (as of 31 Dec. 2003) Amount % of Amount % of Amount % of Item (US$ million) Total (US$ million) Total (US$ million) Total Goods and Related 43.08 1.02 17.27 0.55 1,038.99 1.58 Services, and Civil Works Consulting Services 32.35 12.72 44.61 12.89 458.65 8.76 Contractors/Suppliers Involved in ADB Projects Contractors/suppliers from Australia involved in ADB loan projects, 1 January 1999–31 December 2003. Contract Amount Contractor/Supplier Sector (US$ million) Overseas Projects Corporation Social Infrastructure 3.21 Airsys ATM Pty. Ltd and Pt. Transport and Communications 2.00 Crevet Pipelines Social Infrastructure 1.78 Griffith University Social Infrastructure 1.67 Financial Network Services Pty. Finance 1.51 Nu-Lec Industries, Pvt. Ltd. Energy 1.50 University of Technology, Sydney Social Infrastructure 1.44 Tyco Water Pty. Ltd. Social Infrastructure 1.44 Edlink Pty. Ltd. Social Infrastructure 1.37 UNSW International Projects Social Infrastructure 0.77 Consultants Involved in ADB Projects From 1 January 1985 to 31 December 2003, consultants were involved in 4,429 contracts for ADB loan projects worth US$2.37 billion. During the same period, consultants from Australia were involved in 190 contracts for ADB loan projects worth US$164.84 million. Top consultants (individual consultants and consulting firms) from Australia involved in ADB loan projects, 1 January 1999–31 December 2003. Contract Contract Amount Consultant (number) (US$ million) SMEC International Pty. Ltd. 1 18.25 MBK Cardno International Pty. Ltd. 1 10.24 Acil Australia Pty. Ltd. 3 7.92 MWH/Vicroads (JV) 1 6.98 GRM International Pty. Ltd. 1 5.74 Sagric International Pty. Ltd. 3 5.37 Hassal & Associates 1 5.31 QCPP Consulting 1 4.52 Sinclair Knight Merz Pty. Ltd. 2 4.19 OPCV & Willing and Partners 3 3.91 From 1 January 1985 to 31 December 2003, consultants were involved in 10,523 contracts for ADB technical assistance projects worth US$1.60 billion. During the same period, consultants from Australia were involved in 1,056 contracts for ADB technical assistance projects worth US$201.07 million. Top consultants (individual consultants and consulting firms) from Australia involved in ADB technical assistance projects, 1 January 1999–31 December 2003. Contract Contract Amount Consultant (number) (US$ million) Australian Individual Consultants 387 23.06 PDP Australia Pty. Ltd. 5 3.61 Gutteridge Haskins and Davey Pty. Ltd. 4 3.14 Uniquest Pty. Limited 5 3.07 SMEC International Pty. Ltd. 5 2.61 Maunsell Australia Pty. Ltd. 2 2.45 EGIS Consulting Australia Pty. Ltd. 2 2.11 International Consulting Group Pty. Ltd. 3 1.94 Monash International Pty. Ltd. 3 1.81 SMEC International Pty. Ltd. 3 1.80 Depository Libraries ADB’s Depository Library Program was established in response to increasing public interest in the activities of multilateral development institutions. Many ADB documents available to the public are stored in more than 160 depository libraries worldwide. ADB depository libraries in Australia. Host Institution Contact Information State Library of South Australia Serials Department GPO Box 419 Adelaide SA 5001 Australia State Library of Queensland Attention: Ms. Margery Barnes Serials Unit, Acquisitions Branch P. O. Box 3488 South Brisbane, QLD 4101 Australia State Library of New South Wales Macquarie Street Sydney, NSW 2000 Australia The Library and Information Service Attention: Ms. Lynn Allen of Western Australia Chief Executive Officer and State Librarian Alexander Library Building Perth Cultural Centre Perth, WA 6000 Australia State Library of Victoria Government Publications Unit 328 Swanston Street Melbourne, Victoria 3000 Australia Tel: (03) 669-9888 Fax: (03) 663-1480 National Library of Australia Gift and Exchange Unit (IG5/1) Canberra ACT 2600 Australia Tel: (61-02) 6262-1111 Fax: (61-02) 6273-4322 E-mail: [email protected]; [email protected] ADB Governor The Honorable Peter Costello, M.P.., Treasurer of Australia, is the Governor for Australia in ADB. ADB Alternate Governor The Honorable Chris Gallus, M.P.., Parliamentary Secretary to the Minister of Foreign Affairs, is the Alternate Governor for Australia in ADB.
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