It plays the following functions for countries in the Asia Pacific region:
Provides loans and equity investments to its developing member countries(DMCs)
Provides technical assistance for the planning and execution of developmentprojects and programs and for advisory services
Promotes and facilitates investment of public and private capital fordevelopment
Assists in coordinating development policies and plans of its DMCsi.
to promote investment in the region of public and private capital fordevelopment purposes;ii.
to utilize the resources at its disposal for financing development of thedeveloping member countries in the region, giving priority to those regional,sub-regional as well as national projects and programmes which will contributemost effectively to the harmonious economic growth of the region as a whole,and having special regard to the needs of the smaller or less developedmember countries in the region;iii.
to meet requests from members in the region to assist them in the coordinationof their development policies and plans with a view to achieving betterutilization of their resources, making their economies more complementary,and promoting the orderly expansion of their foreign trade, in particular, intra-regional trade;iv.
to provide technical assistance for the preparation, financing and execution ofdevelopment projects and programmes, including the formulation of specificproject proposals;v.
to co-operate, in such manner as the Bank may deem appropriate, within theterms of this Agreement, with the United Nations, its organs and subsidiarybodies including, in particular, the Economic Commission for Asia and the FarEast, and with public international organizations and other internationalinstitutions, as well as national entities whether public or private, which areconcerned with the investment of development funds in the region, and tointerest such institutions and entities in new opportunities for investment andassistance; andvi.
to undertake such other activities and provide such other services as mayadvance its purpose.