Modalities / Stand-Alone Trust Funds

/Japan Fund for Information and Communication Technology

Year Established

2001

Partners

Japan

Cumulative Contributions Committed

Contributions committed are net of cancellation of the commitments, if any, and revalued at reporting date, as applicable.

$10.7 million

Project Commitments

The financing approved by ADB's Board of Directors or management for which the legal agreement has been signed by the borrower, recipient, or the investee company and ADB.
Grants

$11.9 million for 14 projects

Technical Assistance

$0.8 million for 1 TA

The Japan Fund for Information and Communication Technology or JFICT was established in 2001 initially for a 3-year period to harness the potential of information and communication technology (ICT) and bridge the growing digital divide in Asia and the Pacific. The fund supports ICT-related activities that promote poverty reduction, encourage private sector participation in ICT development, and improve regional and international cooperation through ICT applications. The fund aligns with ADB’s strategic approach to ICT, which recognizes ADB’s limited financial and human resources and consists of three strategic thrusts: creating an enabling environment, building human resources, and developing ICT applications and information content.

As of 2022, the JFICT is supporting one active project. The Skills and Employability Enhancement Project in Tajikistan aims to promote inclusive growth in Tajikistan by improving the vocational, technical, soft skills, and employability of youth (ages 15–29), women, and labor migrants.

News

ADB's $30 Million Grant to Support Labor Migrants, Youth, and Women in Tajikistan

ADB approved a $30 million grant to Tajikistan to strengthen the skills of the country’s youth, women, and labor migrants to improve their employability and wages, and enhance the capacity of employment and migration agencies. The grant is accompanied by an additional $1.5 million grant from the Japan Fund for Information and Communication Technology, to be administered by ADB.

Project Map