ASEAN Infrastructure Fund (AIF)
The ASEAN Infrastructure Fund was established in 2011 by ADB and ASEAN members to invest in infrastructural development in the ASEAN region. The average budget is approximately USD 300 million per year which is provided in loans. The ADB serves as the AIF’s administrator, providing technical assistance, and co-financing. Brunei, Darussalam, Cambodia, Indonesia, Laos, Malaysia, Myanmar, The Philippines, Singapore, Thailand and Vietnam have contributed to the AIF.
Eligibility to Receive Funding Proponents of the national and regional infrastructure projects can apply for co-financing. Projects should be guaranteed by eligible ASEAN countries.
Regional Focus: ASEAN member countries
Infrastructure investments, including:
- Energy (including renewable energies);
- Water and sanitation;
- Environment and rural development;
- Social infrastructure.
Loans are provided under the AIF, as part of the ADB’s project pipeline, and based on the ADB’s Country Partnership and Strategy and Country Operations Business Plan.
There is no standard form of application for AIF assistance.
Asian Development Bank
ADB Avenue, Mandaluyong City 1550, Metro
Tel: +63 2 6324444
Website: https://www.adb.org/site/funds/funds/ asean-infrastructure-fund