Annual Report 2023

ANNUAL REPORT 2023

FINANCING FOR
SUSTAINABLE DEVELOPMENT

MESSAGE FROM THE PRESIDENT

The Bank remains dedicated to advancing its founding vision by mobilising resources for infrastructure and sustainable development projects in emerging markets and developing countries, while fostering economic growth and promoting social inclusion.


Dilma Rousseff

President of NDB

NDB IN NUMBERS

  • 9

    Approvals within the year ended

    DECEMBER 31, 2023
  • 93

    PROJECTS IN THE PORTFOLIO AS AT

    DECEMBER 31, 2023
  • AMOUNT OF APPROVALS WITHIN
    THE YEAR ENDED

    DECEMBER 31, 2023
    USD
    2,078
    million
  • AMOUNT OF FINANCING APPROVED
    FOR PROJECTS IN THE PORTFOLIO AS AT

    DECEMBER 31, 2023
    USD
    31,920
    million

Approvals by type of operation

Approvals within the year ended
December 31, 2023

Approvals for projects in the portfolio as at
December 31, 2023

  • SOVEREIGN LOANS
  • NON-SOVEREIGN LOANS
  • EQUITY INVESTMENTS

Approvals by area of operation

Approvals within the year ended
December 31, 2023

Approvals for projects in the portfolio as at
December 31, 2023

  • CLEAN ENERGY AND ENERGY EFFICIENCY

  • TRANSPORT INFRASTRUCTURE

  • WATER AND SANITATION

  • ENVIRONMENTAL PROTECTION

  • SOCIAL INFRASTRUCTURE

  • DIGITAL INFRASTRUCTURE

  • MULTIPLE AREAS

  • COVID-19 EMERGENCY ASSISTANCE

HIGHLIGHTS OF EXPECTED DEVELOPMENT RESULTS OF SELECTED PROJECTS FINANCED BY NDB

  • From projects approved within the year ended December 31, 2023
  • From projects in the portfolio as at December 31, 2023
  • 209,000M³/DAY
    Drinking water supply
    capacity to be increased
  • 293KM
    Urban rail transit network
    to be built
  • 960,000TONNES/YEAR
    Air cargo handling capacity
    to be increased
  • 1,400KM
    Water tunnel/canal infrastructure
    to be built or upgraded
  • 15
    43
    Schools to be built or upgraded
  • 2,000Mw
    Renewable and clean energy
    generation capacity to be installed
  • 35,000
    Housing units to be constructed
  • 104MILLION/YEAR
    Air passenger handling
    capacity to be increased
  • 41,000M³/DAY
    577,000M³/DAY
    Sewage treatment capacity
    to be increased
  • 22,000KM
    39,000KM
    Roads and bridges to be built
    or upgraded
  • 500TONNES/YEAR
    13.1MILLION TONNES/YEAR
    CO₂ emissions to be avoided

Operations Approved
in 2023

PERNAMBUCO WATER AND SANITATION EFFICIENCY AND EXPANSION PROJECT

  • BORROWER
    Water and Sanitation Company of the State of Pernambuco (COMPESA)
  • E&S CATEGORY
    Category B
  • APPROVAL DATE
    February 21, 2023
  • AREA OF OPERATION
    Water and Sanitation
  • LOAN TENOR
    20 years
  • LOAN AMOUNT
    USD
    202 million
  • SDG ALIGNMENT

GUIZHOU QIANXINAN RURAL ROADS IMPROVEMENT PROGRAMME

  • BORROWER
    The People’s Republic of China
  • E&S CATEGORY
    Category B
  • APPROVAL DATE
    March 1, 2023
  • AREA OF OPERATION
    Transport Infrastructure
  • LOAN TENOR
    24 years
  • LOAN AMOUNT
    RMB
    1,280 million
  • SDG ALIGNMENT

APARECIDA DE GOIÂNIA 100 YEARS’ INFRASTRUCTURE PROGRAMME

  • BORROWER
    The Municipality of Aparecida de Goiânia
  • E&S CATEGORY
    Category B
  • APPROVAL DATE
    July 10, 2023
  • AREA OF OPERATION
    Multiple Areas
  • LOAN TENOR
    30 years
  • LOAN AMOUNT
    USD
    120 million
  • SDG ALIGNMENT

INTEGRATED SEWERAGE SYSTEM FOR CITY OF IMPHAL (PHASE II) PROJECT

  • BORROWER
    The Republic of India
  • E&S CATEGORY
    Category B
  • APPROVAL DATE
    October 26, 2023
  • AREA OF OPERATION
    Water and Sanitation
  • LOAN TENOR
    12 years
  • LOAN AMOUNT
    USD
    115 million
  • SDG ALIGNMENT

GUJARAT RURAL ROAD PROGRAMME

  • BORROWER
    The Republic of India
  • E&S CATEGORY
    Category A
  • APPROVAL DATE
    November 28, 2023
  • AREA OF OPERATION
    Transport Infrastructure
  • LOAN TENOR
    19 years
  • LOAN AMOUNT
    USD
    500 million
  • SDG ALIGNMENT

BANK OF HUZHOU SUSTAINABLE INFRASTRUCTURE PROJECT

  • BORROWER
    Bank of Huzhou Co., Ltd.
  • E&S CATEGORY
    Category FI-B
  • APPROVAL DATE
    November 28, 2023
  • AREA OF OPERATION
    Multiple Areas
  • LOAN TENOR
    5 years
  • LOAN AMOUNT
    USD
    50 million equivalent in RMB
  • SDG ALIGNMENT

BIHAR RURAL ROADS PROJECT
(PHASE 2)

  • BORROWER
    The Republic of India
  • E&S CATEGORY
    Category B
  • APPROVAL DATE
    November 28, 2023
  • AREA OF OPERATION
    Transport Infrastructure
  • LOAN TENOR
    19 years
  • LOAN AMOUNT
    USD
    638.12 million
  • SDG ALIGNMENT

BDMG INFRASTRUCTURE AND SUSTAINABLE DEVELOPMENT PROJECT

  • BORROWER
    Banco de Desenvolvimento de Minas Gerais S.A. (BDMG)
  • E&S CATEGORY
    Category FI-B
  • APPROVAL DATE
    December 19, 2023
  • AREA OF OPERATION
    Multiple Areas
  • LOAN TENOR
    20 years
  • LOAN AMOUNT
    USD
    200 million
  • SDG ALIGNMENT

KEY EVENTS IN 2023

THE EIGHTH ANNUAL MEETING OF NDB’S BOARD OF GOVERNORS

MAY 30–31, 2023

NDB HEADQUARTERS
SHANGHAI, CHINA

NDB’S PARTICIPATION IN
THE 15TH BRICS SUMMIT

AUGUST 22–24, 2023

JOHANNESBURG,
SOUTH AFRICA

NDB’S CHAIRSHIP OF THE HEADS OF MDBS GROUP

OCTOBER 13, 2023

MARRAKESH, MOROCCO

NDB AT COP28

NOVEMBER 30 – DECEMBER 12, 2023

DUBAI, UAE