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

Sector Focus

Infrastructure investments, including:

• Transport;
• Energy (including renewable energies);
• Water and sanitation;
• Environment and rural development;
• Social infrastructure.

Funding Conditions

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.

Application Procedure

There is no standard form of application for AIF assistance.

Contact

Asian Development Bank

ADB Avenue, Mandaluyong City 1550, Metro

Manila, Philippines

Tel: +63 2 6324444

Website: https://www.adb.org/site/funds/funds/ asean-infrastructure-fund