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Lending and Investment
In 2014, the TaiwanICDF’s lending
and investment operations drew
on accumulated development
advantages, focusing on creating
p r o d u c t i o n a n d o p e r a t i n g
environments of benefit to the private
sector in partner countries. This
involved, for instance, strengthening
financial intermediaries operating
in certain regions or countries,
providing further means for small-
scale enterprises to obtain financial
suppo r t , and a i d i ng Cen t r a l
American farmers by providing
agricultural financial services to those
hit by coffee rust. We also responded
to partner countries’ needs by
participating in environmental
protection projects, including waste
recycling and renewable energy
initiatives.
In terms of development assistance,
we strengthened the connection
between our operations and the
international interest rates market
by providing borrowers with loans
priced in floating interest rates that
aimed to promote our projects more
smoothly.
I n t e rms o f pr i va t e sec t o r
cooperation, in addition to bringing
together the practical viewpoints
of private sector actors, we also
invited such actors to participate in
investment projects such as a tilapia
feed mill and a waste treatment and
recycling project that aim to strike a
balance between development goals
and financial sustainability.
To ensure stability in terms of the
medium- and long-term development
o f i nves tmen t ac t i v i t i es , t he
TaiwanICDF has sought sustainability
based on a portfolio built upon the
past. In terms of lending operations,
we actively responded to partner
countries’ needs and customized
lending projects according to the
requirements of such countries’
national development frameworks.
For ongoing loan projects, we will
ensure that project scheduling makes
the most efficient use of resources
by reviewing processes and making
proper adjustments accordingly.
In terms of interactions with
international organizations, the
TaiwanICDF’s dialogue with such
organizations regarding potential
cooperation projects were based
on our operational priorities. We
also remained keen to acquire the
latest international practices and
professional know-how, applying
such learning in evaluating the
preparation and management of
lending and investment projects and
thereby assisting our organization in
building a regional framework and
implementation methodologies.
To safeguard investment projects,
this year saw the TaiwanICDF unite
in-house expertise, strengthening
legal structuring and appraisal in the
early stages of the preparation of
large-scale investment projects.
As of December 31, 2014,
the TaiwanICDF was committed
to 84 lending projects, for which
c omm i t me n t s amo u n t e d t o
approximately US$665.32 million. We
were also committed to 13 investment
projects, for which commitments
amounted to approximately US$100
million. We dispatched specialists
on a total of 22 occasions for the
purpose of attending international
c o n f e r e n c e s o r a s p a r t o f
identification, preparation, appraisal,
supervision or completion missions.
The TaiwanICDF’s Lending and
Investment Department was also
responsible for managing a number
of projects commissioned by MOFA,
as well as for managing the Republic
of China (Taiwan)-Central American
Economic Development Fund. In the
future the TaiwanICDF will continue
to respond to the demands of
partner countries and looks forward
to implementing various lending
and investment projects through the
integration of multiple operations
and applications of lending and
investment instruments.
Responding to partners’ needs to develop air
transportation, a TaiwanICDF lending project
is assisting Kiribati in renovating facilities at
the capital city’s Bonriki International Airport.
Pictured here, the airport prior to renovation
work.