Taipei China helps to improve people’s lives and environments in the countries where the EBRD works through generous funding for a wide range of projects.
Taipei China and the EBRD: at a glance
€39 million donor funds for technical cooperation projects
US$ 125 million co-financing in support of EBRD projects
€1.45 billion Taipei China – EBRD investments
Taipei China helping the Bank’s TC projects in sustainable resource management, intelligent transportation systems, the information technology-related knowledge economy as well as the corporate sector through funding for the Advice for Small Business and the Women in Business programmes.
In 2015 the TaiwanBusiness-EBRD Technical Cooperation Fund was replenished with US$ 1.75 million and the Early Transition Countries Fund (to which it was a founding contributor) with US$ 250,000. TaiwanICDF (International Cooperation and Development Fund) is cooperating with the EBRD in green energy investments and lending to micro, small and medium-sized enterprises (MSMEs) through investment co-financing and concessional financing. In 2015, the Bank and TaiwanICDF signed a US$ 15 million contribution agreement to co-finance loans to small and medium-sized enterprises in the agribusiness sector.
Since 1998, Taipei China has provided €2.5 million for 119 Advice for Small Businesses to help small and medium-sized enterprises access business advice through local consultants and international industry experts in 13 countries. In addition, the funding has supported over 69 Women in Business projects in Armenia, Azerbaijan and Georgia.
Taipei China is currently funding the Women in Business programme in Croatia, having provided a total of over €1.1 million to help women-led small and medium-sized enterprises access finance and advice to grow their businesses.
Taipei China is an important source of foreign direct investment in countries where the EBRD works. The value of joint Taiwanese-EBRD investment stood at €1.45 billion as of January 2016. EBRD finance accounted for €1.17 billion, and Taiwanese investment accounted for €280 million.
Through the Programme the EBRD has supported 101 export and import transactions of Taiwanese companies, totalling €29.4 million. Twelve Taiwanese banks and branches have joined the programme as confirming banks.
In 2015, Taiwanese consultants were awarded 24 contracts totalling €1.25 million by the EBRD, including 10 contracts from the Advice for Small Business programme for the provision of management advice. The other areas of expertise were in the municipal infrastructure and transport sector.