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ANNUAL REPORT 2017 www.adb.org/ar2017 Keywords: sovereign, commitments, loans, public sector Sovereign Commitments, 2017 ($ million) Funds Grant CENTRAL AND WEST ASIA 3,470.9 598.6 498.3 479.0-773.1 79.2 5,899.1 Afghanistan - - - 404.8-15.0 60.0 479.8 Energy - - - 44.8-15.0 60.0 119.8 47282 Energy Supply Improvement Investment - - - 44.8-15.0-59.8 Tranche 3 47282 Energy Supply Improvement Investment Tranche 4 - - - - - - 60.0 60.0 Transport - - - 360.0 - - - 360.0 37075 Qaisar Dari Bum Road - - - 330.0 - - - 330.0 50062 Road Asset Management - - - 30.0 - - - 30.0 Armenia 40.0 - - - - - - 40.0 Finance 40.0 - - - - - - 40.0 51060 Public Efficiency and Financial Markets 40.0 - - - - - - 40.0 Azerbaijan 400.0-498.3 - - - - 898.3 Energy - - 498.3 - - - - 498.3 49451 Shah Deniz Gas Field Expansion - - 498.3 - - - - 498.3 Transport 400.0 - - - - - - 400.0 48386 Railway Sector Development 400.0 - - - - - - 400.0 Georgia 216.1 - - - - 114.0-330.1 Transport 216.1 - - - - 114.0-330.1 42414 Sustainable Urban Transport Investment 14.1 - - - - - - 14.1 Tranche 5 46375 Secondary Road Improvement 80.0 - - - - - - 80.0 50064 Batumi Bypass Road 122.0 - - - - 114.0-236.0 Kazakhstan 213.5 - - - - - - 213.5 Finance 213.5 - - - - - - 213.5 49076 Supporting Resilience of Micro, Small, and Medium- Sized Enterprises Finance 213.5 - - - - - - 213.5 Kyrgyz Republic - - - 55.0 - - - 55.0 Education - - - 30.0 - - - 30.0 50024 Skills for Inclusive Growth Sector Development - - - 30.0 - - - 30.0 Finance - - - 25.0 - - - 25.0 41544 Second Investment Climate Improvement - - - 25.0 - - - 25.0 (Subprogram 3) Pakistan 1,723.3 300.0 - - - 344.1 19.2 2,386.6 Agriculture, Natural Resources, and Rural Development 86.4 - - - - - - 86.4 47024 Pehur High Level Canal Extension 86.4 - - - - - - 86.4 Energy 625.0 - - - - 269.1-894.1 37192 Power Transmission Enhancement Investment - - - - - 82.5-82.5 Tranche 4 47015 Sustainable Energy Sector Reform 300.0 - - - - 108.0-408.0 (Subprogram 3) 49056 Access to Clean Energy Investment 325.0 - - - - 78.6-403.6 Public Sector Management 100.0 300.0 - - - - 19.2 419.2 46538 Supporting Public Private Partnership Investments 100.0 - - - - - 19.2 119.2 in Sindh Province 48065 Public Sector Enterprises Reform - 300.0 - - - - - 300.0 Transport 711.9 - - - - 75.0-786.9 48289 Peshawar Sustainable Bus Rapid Transit Corridor 335.0 - - - - 75.0-410.0 48404 Central Asia Regional Economic Cooperation Corridor 180.0 - - - - - - 180.0 Development Investment 49191 Post-Flood National Highways Rehabilitation 196.9 - - - - - - 196.9 Water and Urban Infrastructure and Services 200.0 - - - - - - 200.0 46526 Punjab Intermediate Cities Improvement Investment 200.0 - - - - - - 200.0 Tajikistan - 30.4-19.2 - - - 49.6 Public Sector Management - 30.4-19.2 - - - 49.6 47099 Investment Climate Reforms - 30.4-19.2 - - - 49.6

Funds Grant Uzbekistan 878.0 268.2 - - - 300.0-1,446.2 Finance 600.0 151.1 - - - 300.0-1,051.1 42007 Small Business Finance 47305 Horticulture Value Chain Development - 151.1 - - - - - 151.1 50022 Affordable Rural Housing 500.0 - - - - 300.0-800.0 Transport 278.0 - - - - - - 278.0 48025 Central Asia Regional Economic Cooperation Corridor 2 80.0 - - - - - - 80.0 (Pap-Namangan-Andijan) Railway Electrification 50063 Kashkadarya Regional Road 198.0 - - - - - - 198.0 Water and Urban Infrastructure and Services - 117.2 - - - - - 117.2 46135 Tashkent Province Water Supply Development - 117.2 - - - - - 117.2 EAST ASIA 2,421.8 30.6 - - - 529.6 3.0 2,985.0 People s Republic of China 2,134.7 - - - - 510.0-2,644.7 Agriculture, Natural Resources, and Rural Development 590.0 - - - - - - 590.0 47071 Fujian Farmland Sustainable Utilization and Demonstration 48055 Jiangxi Xinyu Kongmu River Watershed Flood Control 150.0 - - - - - - 150.0 and Environmental Improvement 48274 Shanxi Urban Rural Water Source Protection and Environmental Demonstration 48358 Shanxi Inclusive Agricultural Value Chain Development 90.0 - - - - - - 90.0 48468 Guizhou Rocky Desertification Area Water Management 150.0 - - - - - - 150.0 Education 250.0 - - - - 200.0-450.0 49308 Guangxi Modern Technical and Vocational Education 250.0 - - - - 200.0-450.0 and Training Development Energy 664.7 - - - - 310.0-974.7 48452 Shaanxi Accelerated Energy Efficiency and Environment 150.0 - - - - - - 150.0 Improvement Financing 50096 Air Quality Improvement in the Greater 514.7 - - - - 310.0-824.7 Beijing Tianjin Hebei Region China National Investment and Guaranty Corporation's Green Financing Platform Health 49028 Hebei Elderly Care Development Industry and Trade 130.0 - - - - - - 130.0 50050 Guangxi Regional Cooperation and Integration Promotion Investment 130.0 - - - - - - 130.0 Transport 250.0 - - - - - - 250.0 48023 Ningxia Liupanshan Poverty Reduction Rural Road Development 48024 Chongqing Integrated Logistics Demonstration 150.0 - - - - - - 150.0 Water and Urban Infrastructure and Services 150.0 - - - - - - 150.0 48102 Qinghai Haidong Urban Rural Eco Development 150.0 - - - - - - 150.0 Mongolia 287.1 30.6 - - - 19.6 3.0 340.4 Agriculture, Natural Resources, and Rural Development - - - - - - 3.0 3.0 50278 Community Vegetable Farming for Livelihood - - - - - - 3.0 3.0 Improvement Finance 51054 Banking Sector Rehabilitation and Financial Stability Strengthening Public Sector Management 150.0 - - - - - - 150.0 50302 Social Welfare Support Phase 2 150.0 - - - - - - 150.0 Water and Urban Infrastructure and Services 37.1 30.6 - - - 19.6-87.4 45007 Ulaanbaatar Urban Services and Ger Areas 37.1 30.6 - - - 19.6-87.4 Development Investment Tranche 2 PACIFIC 583.0 88.7-62.7 0.2 35.0 130.9 900.4 Fiji 42.1 - - - - 26.6 31.0 99.7 Water and Urban Infrastructure and Services 42.1 - - - - 26.6 31.0 99.7 49001 Urban Water Supply and Wastewater Management Investment 42.1 - - - - 26.6 31.0 99.7 Federated States of Micronesia - - - 6.5 - - 1.8 8.3 Education - - - 6.5 - - 1.8 8.3 49456 Improving the Quality of Basic Education - - - 6.5 - - 1.8 8.3 in the North Pacific Kiribati - - - 7.0 - - 7.4 14.4 Transport - - - 5.0 - - 7.4 12.4 47322 Strengthening Economic Management Reform - - - 5.0 - - 7.4 12.4 Water and Urban Infrastructure and Services - - - 2.0 - - - 2.0 49453 South Tarawa Water Supply - - - 2.0 - - - 2.0

Funds Grant Marshall Islands - - - 10.5 - - - 10.5 Education - - - 6.5 - - - 6.5 49456 Improving the Quality of Basic Education - - - 6.5 - - - 6.5 in the North Pacific Energy - - - 2.0 - - - 2.0 49450 Majuro Power Network Strengthening - - - 2.0 - - - 2.0 Public Sector Management - - - 2.0 - - - 2.0 50295 Public Financial Management - - - 2.0 - - - 2.0 Papua New Guinea 540.9 70.6 - - - - 29.4 640.8 Energy 55.9 5.1 - - - - - 61.0 41504 Town Electrification Investment Tranche 2 55.9 5.1 - - - - - 61.0 Finance - - - - - - 0.2 0.2 44304 Microfinance Expansion - - - - - - 0.2 0.2 Health - - - - - - 17.7 17.7 41509 Rural Primary Health Services Delivery Additional Financing - - - - - - 17.7 17.7 Transport 485.0 65.5 - - - - 11.5 562.0 43141 Civil Aviation Development Investment 213.0 35.0 - - - - - 248.0 Tranche 3 48444 Sustainable Highlands Highway Investment 272.0 30.5 - - - - 11.5 314.0 Samoa - 3.1-7.9-5.0 11.7 27.7 Agriculture, Natural Resources, and Rural Development - - - - - - 0.8 0.8 46436 Samoa AgriBusiness Support - - - - - - - 0.8 0.8 Public Sector Management - 3.1-7.9-5.0 10.9 26.9 50028 Pacific Disaster Resilience - 3.1-2.9 - - - 6.0 50210 Fiscal Resilience Improvement - - - 5.0-5.0 10.9 20.9 Solomon Islands - - - 2.2 - - 29.6 31.8 Energy - - - 2.2 - - 6.2 8.4 48346 Solar Power Development - - - 2.2 - - 6.2 8.4 Transport - - - - - - 23.4 23.4 46499 Sustainable Transport Infrastructure Improvement - - - - - - 23.4 23.4 Tonga - 8.4-7.7-3.4 9.7 29.0 Energy - 2.5-2.5 - - - 5.0 43452 Outer Island Renewable Energy - 2.5-2.5 - - - 5.0 Public Sector Management - 5.9-5.2-3.4 8.0 22.4 48361 Building Macroeconomic Resilience - 2.8-2.3-3.4 8.0 16.4 50028 Pacific Disaster Resilience - 3.1-2.9 - - - 6.0 Water and Urban Infrastructure and Services - - - - - - 1.7 1.7 42394 Nuku alofa Urban Development Sector Additional - - - - - - 1.7 1.7 Financing Tuvalu - - - 14.3 - - 0.5 14.8 Public Sector Management - - - 3.0 - - - 3.0 50028 Pacific Disaster Resilience - - - 3.0 - - - 3.0 Transport - - - 11.3 - - 0.5 11.8 48484 Outer Island Maritime Infrastructure - - - 11.3 - - 0.5 11.8 Vanuatu - 6.7-6.6 0.2-9.9 23.4 Energy - 2.5-2.5 - - 7.0 12.0 49450 Energy Access - 2.5-2.5 - - 7.0 12.0 Health - - - - 0.2 - - 0.2 51344 Vanuatu Manaro Volcano Disaster Response - - - - 0.2 - - 0.2 Transport - 4.2-4.1 - - 2.9 11.2 42391 Port Vila Urban Development - - - - - - 2.9 2.9 49319 Cyclone Pam Road Reconstruction - 4.2-4.1 - - - 8.3 SOUTH ASIA 4,900.5 967.3 - - 2.0 2,406.9 231.9 8,508.6 Bangladesh 1,610.0 371.2 - - - 756.9 8.0 2,746.0 Education - 100.0 - - - 76.0-176.0 42466 Skills for Employment Investment Tranche 2-100.0 - - - - - 100.0 44213 Secondary Education Sector Investment - - - - - 76.0-76.0 Tranche 2 Energy 600.0 16.0 - - - 60.0 2.0 678.0 45203 Natural Gas Infrastructure and Efficiency Improvement - - - - - 60.0-60.0 49423 Bangladesh Power System Enhancement 600.0 16.0 - - - - 2.0 618.0 and Efficiency Improvement Finance 450.0 10.2 - - - - - 460.2 36200 Second Small and Medium-Sized Enterprise Development 200.0 - - - - - - 200.0

Funds Grant 42180 Third Public Private Infrastructure Development Facility 250.0 10.2 - - - - - 260.2 Transport 460.0 140.0 - - - 620.8-1,220.8 40540 South Asia Subregional Economic Cooperation Road - - - - - 279.3-279.3 Connectivity - 40540 South Asia Subregional Economic Cooperation 250.0 50.0 - - - 242.5-542.5 Dhaka Northwest Corridor Road, Phase 2 46452 South Asia Subregional Economic Cooperation Chittagong-Cox's Bazar Railway Project Phase 1 210.0 90.0 - - - 99.0-399.0 Water and Urban Infrastructure and Services 100.0 105.0 - - - - 6.0 211.0 39295 Third Urban Governance and Infrastructure Improvement 100.0 100.0 - - - - - 200.0 (Sector) 44212 Coastal Towns Environmental Infrastructure - - - - - - 6.0 6.0 49329 City Region Development II - 5.0 - - - - - 5.0 India 2,755.5 - - - - 1,500.0 27.9 4,283.4 Agriculture, Natural Resources, and Rural Development 65.5 - - - - - - 65.5 40156 Sustainable Coastal Protection and Management 65.5 - - - - - - 65.5 Investment Tranche 2 Energy 875.0 - - - - 775.0-1,650.0 44426 Green Energy Corridor and Grid Strengthening 500.0 - - - - 725.0-1,225.0 48224 Demand-Side Energy Efficiency Sector 200.0 - - - - - - 200.0 49214 Solar Transmission Sector 175.0 - - - - 50.0-225.0 Finance - - - - - 725.0 22.9 747.9 49419 Solar Rooftop Investment - - - - - 725.0 22.9 747.9 Industry and Trade 370.0 - - - - - 5.0 375.0 48434 Visakhapatnam Chennai Industrial Corridor 245.0 - - - - - 5.0 250.0 Development 48434 Visakhapatnam Chennai Industrial Corridor Development 125.0 - - - - - - 125.0 Public Sector Management 300.0 - - - - - - 300.0 49209 Second West Bengal Development Finance 300.0 - - - - - - 300.0 Transport 870.0 - - - - - - 870.0 43574 Uttar Pradesh Major District Roads Improvement 300.0 - - - - - - 300.0 49228 Rajasthan State Highway Investment 220.0 - - - - - - 220.0 49377 Madhya Pradesh District Roads II Sector 350.0 - - - - - - 350.0 Water and Urban Infrastructure and Services 275.0 - - - - - - 275.0 42486 Madhya Pradesh Urban Services Improvement 275.0 - - - - - - 275.0 Nepal - 509.9 - - - 150.0 196.0 855.9 Education - - - - - 150.0 176.0 326.0 49215 Earthquake Emergency Assistance - - - - - - 10.0 10.0 49424 Supporting School Sector Development Plan - - - - - 150.0 166.0 316.0 Energy - 154.9 - - - - 20.0 174.9 44219 South Asia Subregional Economic Cooperation - - - - - - 20.0 20.0 Power System Expansion 44219 South Asia Subregional Economic Cooperation Power System Expansion - 154.9 - - - - - 154.9 Industry and Trade - 21.8 - - - - - 21.8 50254 South Asia Subregional Economic Cooperation Customs Reform and Modernization for Trade Facilitation - 21.8 - - - - - 21.8 Transport - 180.8 - - - - - 180.8 48337 South Asia Subregional Economic Cooperation Roads Improvement - 180.8 - - - - - 180.8 Water and Urban Infrastructure and Services - 152.4 - - - - - 152.4 47252 Regional Urban Development - 152.4 - - - - - 152.4 Sri Lanka 535.0 86.3 - - 2.0 - - 623.3 Agriculture, Natural Resources, and Rural Development - 1.3 - - - - - 1.3 49325 Northern Province Sustainable Fisheries Development - 1.3 - - - - - 1.3 Energy 200.0 - - - - - - 200.0 49345 Wind Power Generation 200.0 - - - - - - 200.0 Public Sector Management - - - - 2.0 - - 2.0 51223 Second Sri Lanka Flood and Landslide Disaster Response - - - - 2.0 - - 2.0 Transport 240.0 60.0 - - - - - 300.0 47273 Integrated Road Investment Tranche 4 150.0 - - - - - - 150.0

Funds Grant 50301 Second Integrated Road Investment 90.0 60.0 - - - - - 150.0 Water and Urban Infrastructure and Services 95.0 25.0 - - - - - 120.0 37378 Jaffna and Kilinochchi Water Supply 95.0 25.0 - - - - - 120.0 SOUTHEAST ASIA 3,068.7 586.5-53.6-1,648.4 29.6 5,386.9 Indonesia 1,900.0 - - - - 646.5 1.5 2,548.0 Agriculture, Natural Resources, and Rural Development 500.0 - - - - 226.5 1.5 728.0 43220 Integrated Participatory Development and Management 500.0 - - - - 226.5 1.5 728.0 of Irrigation Energy 1,000.0 - - - - 420.0-1,420.0 49043 Sustainable and Inclusive Energy 400.0 - - - - 420.0-820.0 50016 Sustainable Energy Access in Eastern Indonesia 600.0 - - - - - - 600.0 Electricity Grid Development Finance 400.0 - - - - - - 400.0 48207 Financial Market Development and Inclusion 400.0 - - - - - - 400.0 Lao People s Democratic Republic - 3.9-53.6 - - - 57.5 Agriculture, Natural Resources, and Rural Development - - - 35.6 - - - 35.6 42203 Northern Rural Infrastucture Development Sector - - - 35.6 - - - 35.6 Health - 3.9-8.0 - - - 11.9 48118 Greater Mekong Subregion Health Security - 3.9-8.0 - - - 11.9 Industry and Trade - - - 10.0 - - - 10.0 43120 Trade Facilitation: Improved Sanitary and Phytosanitary - - - 10.0 - - - 10.0 Handling in Greater Mekong Subregion Trade Myanmar - 185.5 - - - 127.9 22.3 335.7 Agriculture, Natural Resources, and Rural Development - 75.0 - - - 27.9 22.3 125.2 47152 Irrigated Agriculture Inclusive Development - 75.0 - - - 27.9 22.3 125.2 Education - 98.5 - - - - - 98.5 48431 Equipping Youth for Employment - 98.5 - - - - - 98.5 Energy - - - - 100.0-100.0 46390 Power Transmission Improvement - - - - - 100.0-100.0 Health - 12.0 - - - - - 12.0 48118 Greater Mekong Subregion Health Security - 12.0 - - - - - 12.0 Philippines 700.0 - - - - 150.0-850.0 Finance 300.0 - - - - - - 300.0 48427 Encouraging Investment through Capital Market Reforms 300.0 - - - - - - 300.0 Public Sector Management 300.0 - - - - 150.0-450.0 44253 Local Government Finance and Fiscal Decentralization - - - - - 150.0-150.0 49117 Facilitating Youth School-to-Work Transition 300.0 - - - - - - 300.0 Transport 50288 Infrastructure Preparation and Innovation Facility Viet Nam 468.7 397.2 - - - 724.0 5.8 1,595.7 Agriculture, Natural Resources, and Rural Development - - - - - - 1.8 1.8 40190 Greater Mekong Subregion Flood and Drought Risk Management and Mitigation - - - - - - 1.8 1.8 Education - 96.6 - - - - - 96.6 47140 Second Secondary Education Sector Development - 96.6 - - - - - 96.6 Health - 77.1 - - - - - 77.1 48118 Greater Mekong Subregion Health Security - 77.1 - - - - - 77.1 Public Sector Management 82.7 118.3 - - - - 201.0 50051 Improving Public Expenditure Quality 82.7 118.3 - - - - - 201.0 Transport 286.0 105.2 - - - 724.0-1,115.2 40080 Ha Noi Metro Rail System (Line 3: Nhon-Ha Noi - - - - - 418.5-418.5 Station Section) 41414 Greater Mekong Subregion Ben Luc Long Thanh 286.0 - - - - 305.5-591.5 Expressway Tranche 2 48189 Support to Border Areas Development - 105.2 - - - - - 105.2 Water and Urban Infrastructure and Services 100.0 - - - - - 4.0 104.0 43237 Urban Environment and Climate Change Adaptation 100.0 - - - - - 4.0 104.0 OVERALL TOTAL 14,444.9 2,271.8 498.3 595.3 2.2 5,393.0 474.7 23,680.1 - = nil, = Asian Development Bank, ADF = Asian Development Fund, COL = concessional ordinary capital resources, OCR = ordinary capital resources. Note: Numbers may not sum precisely because of rounding.