The Republic of Korea has provided $7.7 billion in capital subscription to ADB as of 31 December 2020. It has also contributed and committed $703 million to Special Funds since joining the bank in 1966. Companies and consultants from the Republic of Korea have since been awarded $13.15 billion in procurement contracts on ADB-financed projects.
Singapore has provided $520.23 million in capital subscription to ADB as of 31 December 2020. It has also contributed and committed $27.94 million to Special Funds since joining the bank in 1966. Companies and consultants from Singapore have since been awarded $807.1 million in procurement contracts on ADB-financed projects.
Spain has provided $520.23 million in capital subscription to ADB as of 31 December 2020. It has also contributed and committed $504.62 million to Special Funds since joining the bank in 1986. Companies and consultants from Spain have since been awarded $964.93 million in procurement contracts on ADB-financed projects.
Sweden has provided $520.23 million in capital subscription to ADB as of 31 December 2020. It has also contributed and committed $513.53 million to Special Funds since joining the bank in 1966. Companies and consultants from Sweden have since been awarded $627.96 million in procurement contracts on ADB-financed projects. In 2020, ADB's lending volume was $26.9 billion (149 projects), with technical assistance at $293.56 million (275 projects) and grant-financed projects at $1.08 billion (62 projects). In addition, $16.41 billion in commitments from sovereign and nonsovereign cofinancing was generated. From 1 January 2016 to 31 December 2020, ADB's annual lending volume averaged $19.69 billion. Investment grants and technical assistance funded by ADB and Special Funds resources averaged $805.5 million and $230.81 million, respectively, over the same period. As of 31 December 2020, cumulative commitments (excluding cofinancing) were $323.17 billion in loans for 3,369 investment projects in 44 countries, $11.3 billion in 495 grants, and $5.01 billion in technical assistance grants, including regional technical assistance grants. In addition to loans, grants, and technical assistance, ADB uses guarantees and equity investments to help its developing member countries (DMCs).
Switzerland has provided $892.25 million in capital subscription to ADB as of 31 December 2020. It has also contributed and committed $424.15 million to Special Funds since joining the bank in 1967. Companies and consultants from Switzerland have since been awarded $729.74 million in procurement contracts on ADB-financed projects. In 2020, ADB's lending volume was $26.9 billion (149 projects), with technical assistance at $293.56 million (275 projects) and grant-financed projects at $1.08 billion (62 projects). In addition, $16.41 billion in commitments from sovereign and nonsovereign cofinancing was generated.
Turkey has provided $520.23 million in capital subscription to ADB as of 31 December 2020. It has also contributed and committed $127.77 million to Special Funds since joining the bank in 1991. Companies and consultants have since gained a total of $3.39 billion in procurement contracts involving goods and services originating from Turkey on ADB-financed projects.
The United States has provided $23.86 billion in capital subscription to ADB as of 31 December 2020. It has also contributed and committed $4.85 billion to Special Funds since joining the bank in 1966. Companies and consultants have since gained a total of $10.8 billion in procurement contracts involving goods and services originating from the United States on ADB-financed projects.
Australia has provided $8.85 billion in capital subscription to ADB as of 31 December 2020. It has also contributed and committed $2.86 billion to Special Funds since joining the bank in 1966. Companies and consultants from Australia have since been awarded $1.79 billion in procurement contracts on ADB-financed projects.
Hong Kong, China has provided $832.62 million in capital subscription to ADB as of 31 December 2020. It has also contributed and committed $132.81 million to Special Funds since joining the bank in 1969. Companies and consultants from Hong Kong, China have since been awarded $1.04 billion in procurement contracts on ADB-financed projects.
The Asian Development Bank (ADB) has been working with the People's Republic of China (PRC) since 1986. The PRC remains the bank's second largest sovereign borrower and is a major contributor to ADB development finance and knowledge-sharing initiatives. The PRC is now the second-largest economy globally and the country announced eradication of extreme poverty in November 2020. Rapid growth has, however, given rise to new concerns, including social inequality, environmental degradation and pollution, a rapidly aging society, and health. ADB has been partnering with the PRC to address these emerging development challenges and will continue to support the Government of the PRC's agenda to achieve high-quality, green development under the country's 14th Five-Year Plan.
Singapore has provided $520.23 million in capital subscription to ADB as of 31 December 2020. It has also contributed and committed $27.94 million to Special Funds since joining the bank in 1966. Companies and consultants from Singapore have since been awarded $807.1 million in procurement contracts on ADB-financed projects.
Spain has provided $520.23 million in capital subscription to ADB as of 31 December 2020. It has also contributed and committed $504.62 million to Special Funds since joining the bank in 1986. Companies and consultants from Spain have since been awarded $964.93 million in procurement contracts on ADB-financed projects.
Japan has provided $23.86 billion in capital subscription to ADB as of 31 December 2020. It has also contributed and committed $14.93 billion to Special Funds since joining the bank in 1966. Companies and consultants from Japan have since been awarded $4.15 billion in procurement contracts on ADB-financed projects.
Brunei Darussalam has provided $538.46 million in capital subscription to ADB as of 31 December 2020. It has also contributed and committed $21.84 million to Special Funds since joining the bank in 2006. In 2020, ADB's lending volume was $26.9 billion (149 projects), with technical assistance at $293.56 million (275 projects) and grant-financed projects at $1.08 billion (62 projects). In addition, $16.41 billion in commitments from sovereign and nonsovereign cofinancing was generated.
New Zealand has provided $2.35 billion in capital subscription to ADB as of 31 December 2020. It has also contributed and committed $198.69 million to Special Funds since joining the bank in 1966. Companies and consultants from New Zealand have since been awarded $701.39 million in procurement contracts on ADB-financed projects. In 2020, ADB's lending volume was $26.9 billion (149 projects), with technical assistance at $293.56 million (275 projects) and grant-financed projects at $1.08 billion (62 projects). In addition, $16.41 billion in commitments from sovereign and nonsovereign cofinancing was generated.