Fact Sheet ADB
Fact Sheet ADB
Timor-Leste
or Management for which the legal agreement has been signed by the
borrower, recipient, or the investee company and ADB.
Grants and TA include ADB-administered cofinancing.
a
Numbers may not sum precisely because of rounding.
b
Financing for TA projects with regional coverage is distributed to
their specific DMCs where breakdown is available.
b
Grants and TA include ADB-administered cofinancing.
Includes loans, grants, and TA.
to Timor-Leste amount to $248.5 million. These were financed by regular and
c
Using primary sector in the reporting of commitments. concessional ordinary capital resources, the Asian Development Fund, and other
From 2020, financing for TA projects with regional coverage is
special funds. ADB’s ongoing sovereign portfolio in Timor-Leste
d
1
overeign portfolio consists of loans, grants, equity investment, and sovereign
S
guarantee committed and not financially closed. Regional projects with loans/
grants to multiple countries are reported separately.
Knowledge Work
ADB provided capacity development support through different
projects including training on operations and maintenance in
the urban water projects and support to the establishment of
Timor-Leste’s new water and electricity utility state-owned
enterprises. The government’s core organizing structure for
Timor-Leste: Portfolio Performance Quality Indicators for
economic integration matters and legislative plan have been Sovereign Lending and Grants, 2020–2021
supported by ADB. Reports were published on topics that No. of Ongoing Loansa (as of 31 Dec 2021) 12
2020 ($ million) 2021 ($ million)
include COVID-19 management, investing in technical skills for Contract Awardsb, c 0.39 0.27
the youth, sustainable road maintenance, and climate risks. Disbursementsb 20.73 14.43
No. of Ongoing Grantsa, d (as of 31 Dec 2021) 1
ADB also regularly meets with nongovernment organizations 2020 ($ million) 2021 ($ million)
to share information on projects and knowledge work. The Contract Awardsb, c, d 0.23 1.00
bank’s support for Timor-Leste’s accession to ASEAN and Disbursementsb, d 1.74 1.15
WTO includes harmonization of policies and regulations At Risk Projects (%) (as of 31 Dec 2021) 57
related to transport connectivity, trade, and tourism a
Based on commitments.
development. b
Includes closed loans/grants that had contract awards or disbursements during the year.
c
Excludes policy-based, results-based, financial intermediation/credit, CPRO (COVID-19
Pandemic Response Option), and cofinanced loans and grants.
Financing partnerships Includes only Asian Development Fund and other ADB special funds.
d
Future Directions
ADB is currently preparing the country partnership strategy
Timor-Leste: Projects Cofinanced,
for 2023–2027, which will support Timor-Leste’s pandemic 1 January 2017–31 December 2021
recovery and inclusive development with focus on climate-
Cofinancing No. of Projects Amount ($ million)
resilient infrastructure and services and the development of
Sovereign 5 51.03
an environment conducive for economic diversification. ADB
Grants 3 50.00
will also continue to emphasize support to governance and Technical Assistance 2 1.03
institutional capacity, promote knowledge and innovation,
and accelerate gender equality. Regional cooperation and
integration will remain a key element of the program.
ADB investments in Timor-Leste will continue to expand
in the coming years with additional projects in transport,
agriculture, and water and other urban services. In addition,
ADB plans to support digitization, e-governance readiness,
and education, to address gaps in vocational and technical
education services.
ADB at a Glance More about Timor-Leste
ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable
and ADB
Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty.
Shareholding and Voting Power
It has 68 members—of which 49 are from Asia and the Pacific and 19 outside.
Number of shares held: 1,050 (0.01% of total shares)
ADB headquarters is in Manila, Philippines and has 43 offices around the world, Votes: 40,164 (0.3% of total membership,
with 3,693 staff from 65 of its members as of 31 December 2021. 0.46% of total regional membership)
*Overall capital subscription: $14.7 million
ADB maximizes the development impact of its assistance to its developing
*Paid-in capital subscription: $0.74 million
members by providing financing and tailored knowledge solutions through policy
dialogue and advisory services, among others. It mobilizes financial resources *United States dollar figures are valued at rate as of 31 December 2021.
through cofinancing from official, commercial, and export credit sources.
ADB Governor: Rui Augusto Gomes
ADB pivoted swiftly to answer the needs of its developing members and will
ADB Alternate Governor: Antonio Freitas
remain agile and responsive in the years ahead. It has started to see the shoots of
ADB Director: Noor Ahmed (Pakistan)
a green recovery, but the long-term effects of the COVID-19 pandemic, climate
ADB Alternate Director: Paul Dominguez (Philippines)
change, and the outbreak of conflicts still threaten lives and prosperity. ADB will
continue to work closely with members and development partners through these
challenges to achieve a better future for all in Asia and the Pacific.
ADB operations. In 2021, ADB committed $22.8 billion in loans, grants, equity
Contacts
investments, private sector programs, and technical assistance both to the public
and private sectors of its borrowing members. ADB bolstered its total support Timor-Leste Resident Mission
Established: 2000
with cofinancing of $12.9 billion. Country Director: Sunil Mitra
As of 31 December 2021, ADB’s cumulative commitments in 45 countries stood Asian Development Bank
at $342 billion covering 4,061 loans, $11.7 billion in 521 grants, and $5.2 billion in Rua Cabo Verde No 16, Posto Administrativo
technical assistance grants, including regional technical assistance grants. Vera Cruz, Suco Motael, Aldeia Halibur
Dili, Timor-Leste
In addition to loans, grants, and technical assistance, ADB uses guarantees and Tel: +670 332 4801
equity investments to help its developing member countries. Fax: +670 332 4132
www.adb.org/timor-leste
Total commitments in nonsovereign loans and equity investments from ADB’s www.facebook.com/ADBTimorLesteResidentMission
own funds in 2021 amounted to $1.2 billion for 35 transactions in economic and
social infrastructure, finance sector, and agribusiness.
ADB Headquarters
In 2021, ADB mobilized $1.7 billion of long-term project cofinancing and 6 ADB Avenue, Mandaluyong City
$5.8 billion of cofinancing through its Trade and Supply Chain Finance Program 1550 Metro Manila, Philippines
Tel: +63 2 8632 4444
and Microfinance Program. Total outstanding balances and undisbursed
Fax: +63 2 8636 2444
commitments of nonsovereign transactions funded by ADB’s own resources www.adb.org
stood at $14 billion as of 31 December 2021.
Ministry of Finance
Ministry of Finance Tower
Financing Partnerships Aitarak-Laran
Total sovereign and nonsovereign cofinancing commitments, 2021 Dili, Timor-Leste
Tel: +670 3339646
• $12.93 billion for 187 projects, of which:
»» $12.38 billion, 75 investment projects,
»» $134.67 million, 110 technical assistance projects, Useful ADB websites
»» $422.87 million transaction advisory services for 2 projects.
Asian Development Bank
Cumulative sovereign and nonsovereign cofinancing commitments, 1970–2021 www.adb.org