U.S. Share in ADB Procurement and
Contribution
The US share of ADB total procurement in 2008 amounted to $378 million ranking US at 5th. In consulting services, U.S. ranked 1st at $43 million. The U.S. share of ADB procurement from Jan 1967 to Dec 2008 amounted to $6.4 billion. Since the founding of ADB, U.S. total contribution to ADB resources totaled to $3.77 billion.
ADB lending activities in 2008
In 2008, the ADB approved 83 loans for $10.49 billion, 12 multitranche financing facilities for $5.72 billion, three equity investments for $123.1 million and 299 technical assistance operations for $274.5 million. The major borrowers included India ($2.9 billion), China ($1.8 billion), Pakistan ($1.2 billion); Indonesia ($1 billion), and Philippines ($ 940 million). Meanwhile, Transportation & Communications (28%), Energy (24%), Multisector (17%) and law, economic management and public policy (17%) top the share in the sectoral loan distribution for 2008.
In any given year, ADB borrowers spend about $ 5 billion on goods, civil works and services. In addition, the ADB spends about $175 million annually to fund its consulting needs. This provides significant business opportunities to suppliers, contractors, engineering design and project management firms, and consultants from among the ADB’s member countries.