Regional Cooperation and Integration Financing Partnership Facility
The Regional Cooperation and Integration Financing Partnership Facility (RCIFPF) was established in 2007 to support regional cooperation and integration in Asia and the Pacific by (i) improving cross-border physical connectivity; (ii) increasing trade and investment flows in developing member countries from regional and nonregional economies; (iii) preserving macroeconomic and financial stability in the region; and (iv) improving regional environmental, health, and social conditions.
The RCIFPF includes two trust funds: the Asia Regional Trade and Connectivity Fund (ARTCF), established by the Government of the United Kingdom, and the Investment Climate Facilitation Fund (ICFF), contributed by the Government of Japan.
The ICFF aims to promote investments in developing member countries and facilitate regional cooperation and integration by improving investment climate, building capacity, and promoting good governance. The ARTCF aims to support developing member countries in Central Asia, South Asia, and Southeast Asia in improving regional connectivity and trade facilitation.
Trust Funds
Investment Climate Facilitation Fund
| Year Established | 2008 |
|---|---|
| Partner | Japan |
| Cumulative Contributions Committed | $31.5 million |
| Project Commitments | |
| Technical Assistance | $31.3 million for 29 TA projects |
The Investment Climate Facilitation Fund (ICFF) was established in 2008 to help address the challenges of promoting investments and facilitating regional cooperation and integration through the construction of basic infrastructure, improvements in the investment climate, capacity building, and promotion of good governance, among others. The fund is used to finance technical assistance and grant components of investment projects that contribute directly to poverty reduction.
The ICFF focuses on regional financial sector development and the improvement of the environment for cross-border investment.
United Kingdom Fund for Asia Regional Trade and Connectivity
| Year Established | 2018 |
|---|---|
| Partner | United Kingdom |
| Cumulative Contributions Committed | $28.1 million |
| Project Commitments | |
| Technical Assistance | $14.9 million for 14 TA projects |
The United Kingdom Fund for Asia Regional Trade and Connectivity (ARTCF) was established in 2018. Its objective is to support the implementation of ADB’s Operational Plan for Regional Cooperation and Integration by financing regional cooperation and integration activities in selected member countries in Central Asia, South Asia, and Southeast Asia, leading to improved integration with other regions of the world.
The ARTCF supports regional electricity connectivity and trade, transport connectivity, digital connectivity, regulatory reform, and broad regional trade and investment facilitation, among others.
Project Map
