How does ADB process requests for funding?
ADB has a Project Cycle, which is standard for all developing member countries. For public sector funding requests, we encourage Government agencies to • coordinate initially with the National Economic and Development Authority (NEDA) and submit proposal for Investment Coordination Committee review and processing • seek all necessary Government approvals and clearances • coordinate closely with both NEDA and ADB to monitor progress of project processing and approval. For private sector funding requests, individual sponsors of eligible projects may coordinate with ADB’s Private Sector Operations Department to learn more about the processing and approval of private sector investment activities.
