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The OPEC Fund
for International
Development
  1. Operations
  2. Countries A-Z
  3. Asia

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Asia

Approvals by Focus Area

Total approvals: US$ 8,498.02m

  • Financial
  • Transportation
  • Energy
  • Multisectoral
  • Agriculture
  • Education
  • Water & Sanitation
  • Health
  • Industry
  • Telecom
Amounts under US$.09m may not be reflected in this chart.

Approvals by Financing Types

Total approvals: US$ 8,498.02m

Public Sector 68.17 %
Private Sector & Trade Finance 28.99 %
Grants 2.83 %

Human development has steadily improved across developing Asia, particularly in South Asia, and at the same time, poverty has decreased significantly across most of the region. The rapid growth in incomes among the poor, along with low unemployment, public transfers (such as pensions and cash transfers, among others), structural transformations and public investments have all contributed to the improvement.

However, there are many challenges to overcome, such as entrenched poverty, and high and rising inequality. The region is also vulnerable to the effects arising from climate change, which adds a further burden to efforts geared toward meeting the SDGs.

The OPEC Fund has longstanding ties with its Asian partners, a constituency that has grown to number 43 countries spread across the development spectrum.  In 2019, US$771.7m was approved  to 14 countries - the majority going to the energy (US$202m), transportation (US$295m) and financial (US$145m) sectors. 

Operations

Azerbaijan 240MW Wind Power Plant

Approved
27.10.2023
Country
Azerbaijan
Focus Area
Energy

Support to Implementation of the National Education Development Strategy of the Republic of Tajikistan Project (Phase-II)

Approved
14.09.2023
Country
Tajikistan
Focus Area
Education
Status
Ongoing

Reconstruction and Upgrading of M39 Road Project, 1,255 - 1,315 km

Approved
21.06.2023
Country
Uzbekistan
Focus Area
Transportation
Status
Ongoing

Beneficiary Countries

  • Afghanistan
  • Armenia
  • Azerbaijan
  • Bahrain
  • Bangladesh
  • Bhutan
  • Cambodia
  • China
  • Fiji
  • Georgia
  • India
  • Jordan
  • Kazakhstan
  • Kiribati
  • Korea DPR
  • Kyrgyz Republic
  • Laos PDR
  • Lebanon
  • Maldives
  • Mongolia
  • Myanmar
  • Nepal
  • Oman
  • Pakistan
  • Palestine
  • Papua New Guinea
  • Philippines
  • Samoa
  • Solomon Islands
  • Sri Lanka
  • Syria
  • Taiwan
  • Tajikistan
  • Thailand
  • Tonga
  • Turkmenistan
  • Türkiye
  • Uzbekistan
  • Vietnam
  • Yemen
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