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From Project Prioritization to Linking to Finance

Naga, Philippines

In 2012, CDIA supported the city of Naga through the conduct of two Pre-Feasibility Studies (PFS) for the integrated Naga River Revitalization Project (iNRRP).

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Where we work

CDIA has worked with 125 cities in 17 countries in Asia, having completed 52 Prioritization exercises and 67 Pre-feasibility studies for 109 project components. More than 50% of these Pre-feasibility Studies have been linked to about USD 6.4 Billion in financing from different resources.

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“CDIA’s contribution to project definition in Asian cities is outstanding compared to the limited resources and engagement time with cities. CDIA is in the right place, at the right time.”
- Pablo Vaggione & Stefan Bauer-Wolf: CDIA Midterm Review, 2014

“CDIA provides assistance to mid-sized Asian cities to bridge the gap between their development plans and implementation. More than US$5 billion in large-scale urban infrastructure investments are under development due to CDIA’s catalytic input, delivered at a cost of around 0.25% of the investments under preparation.”
- Calderon/Stern Report: Better Growth, Better Climate, 2014

“Local governments [...] often lack the capacity to present their proposals to financial institutions in a format that meets their requirements … But [CDIA’s] Pre-Feasibility Studies covering almost 80 projects have been concluded and out of these more than 60% have already been linked to finance or further stages of implementation with a value of more than US$5 billion.”
- Hans Joachim Fuchtel, Parliamentary State Secretary to Germany’s Federal Minister for Economic Cooperation and Development, 2015

“CDIA is the only example found of a PPF that focuses on activities prior to the feasibility study stage of project preparation.”
- The Adam Smith International Report for G20: Assessment of the Effectiveness of Project Preparation Facilities in Asia, 2014

“An important and very efficient experience.”
- The World Economic Forum Report: Accelerating Infrastructure Delivery New Evidence from International Financial Institutions, 2014









PFS components


PFS components linked
to finance


US$ Billion
Expected infrastructure investment value

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Funded By

  • ADB
  • German Cooperation
  • Swedish Regional Development Cooperation
  • BMF
  • SMG
  • SECO

Implemented By

  • ADB
  • GIZ
  • KFW