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Economic Development Promotion Facility

Economic Development Promotion Facility (EDPF)

The Bank finances projects whose aim is to promote economic development and social welfare in developing countries (e.g. infrastructure projects, etc.), which meet the ODA eligibility requirements* defined by the OECD's Development Assistance Committee (DAC).
* Official Development Assistance (ODA): a goverment aid that promotes and specifically targets the economic development and welfare of developing countries (definition of the OECD DAC)

Lending Policy

EDPF focuses on projects which are expected to have a significant development impact on partner countries.
- EDPF loans are provided to the projects aiming to promote economic and social development in partner countries.

EDPF is a concessional loan respecting the ODA criteria set by the OECD DAC.
- Terms and conditions of individual loans are determined by the credit and income statuses of the borrowing country and financial market conditions, etc.

EDPF is an untied loan.
- It can be used for the purchase of goods and services from virtually any country, rather than a specific country.