This publication about ADB’s nonsovereign operations explains ADB’s approach to catalyzing and strengthening private sector investments in the Asia and Pacific region.

Enabling the full participation of the private sector in development

No government can achieve the twin goals of development and poverty reduction without the able assistance of the private sector. In all countries across the world, the private sector takes up where government leaves off , providing the services as well as the financing that businesses need in order to grow and sustain the lives of the people that depend on them.

As the steward of business, the private sector shares in every government’s vision to achieve economic development and sustainable growth. Consequently, the growth and development of the private sector is imperative for it to fulfill its role of creating long-term development capacity, spurring growth, and generating employment.

Asia holds great promise as the fastest-growing area of the global economy, and as such, plays a key role as an engine of growth for a global economic recovery. Private sector, on the other hand, has an indispensable role in ensuring that the growth of the region, as predicted with certainty by economists, is not compromised. For a region that requires as much as $3.5 trillion in new infrastructure investments over the next 20 years, the demand for investment and infrastructure spending is clearly an established need. Notwithstanding this need, fi nancial institutions across Asia are awash with liquidity.

This is a situation that evokes an underlying problem --the absence of investor confidence. The absence of investor confidence continues to ail most developing economies, as investors remain wary of risks that abound
across the region. ...

Visit Private Sector Finance Download Page

© 2008 Asian Development Bank
6 ADB Avenue, Mandaluyong City
1550 Metro Manila, Philippines
www.adb.org/PSOD

Publication Stock No. 040908

Download Private Sector Finance: Catalyzing Private Investment in the Asia and Pacific Region

PDF format, 5.9MB, 73Pages.

About the Asian Development Bank

ADB's vision is an Asia and Pacific region free of poverty. Its mission is to help its developing member countries substantially reduce poverty and improve the quality of life of their people.

Despite the region's many successes, it remains home to two thirds of the world's poor. Nearly 1.7 billion people in the region live on $2 or less a day. ADB is committed to reducing poverty through inclusive economic growth, environmentally sustainable growth, and regional integration.

Based in Manila, ADB is owned by 67 members, including 48 from the region. Its main instruments for helping its developing member countries are policy dialogue, loans, equity investments, guarantees, grants, and technical assistance. In 2007, it approved $10.1 billion of loans, $673 million of grant projects, and technical assistance amounting to $243 million.

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