The Asian Development Bank (ADB) is a multilateral development finance institution
founded in 1966 to promote social and economic progress in its developing member
countries in Asia and the Pacific (see ADB’s website: http://www.adb.org/about/main).
2.2 ADB’s principal functions are
- lending funds,
- providing grants,
- providing technical assistance and advisory services,
- promoting investments for development purposes, and
- assisting in coordinating the development policies and plans of developing
member countries.
Inquiries
2.3 Loan disbursement is handled by the Loan Administration Division of the Controller’s
Department.
2.4 For loan service payments and billing matters, inquiries are addressed to the
Accounting Division of the Controller’s Department.
Loan or Grant Regulations
3.4 The regulations4
further set out conditions for the use of loan or grant proceeds
financed by ADB, or proceeds administered by ADB.
5
These documents are expressly
incorporated in the associated loan agreement, guarantee agreement, or grant
agreement. If any provision of a loan agreement, guarantee agreement, or grant
agreement is inconsistent with a provision of these regulations, the provision of the
loan agreement, guarantee agreement, or grant agreement governs.
Loan Documents
3.5 Loan documents
6
include the following documents and agreements:
ȕ Thereport and recommendation of the President to the Board of Directors
(RRP) presents the project proposal for consideration by the ADB Board.
ȕ Theproject administration manual (PAM)
7
includes all the information and
schedules describing project implementation and project readiness filters
covering major preproject implementation actions (e.g., government approvals,
procurement, and resettlement) to ensure a rapid start-up and enable early
disbursement. It is mandatory
8
that the PAM be referenced in the RRP and in
the loan (or facility) agreements, is presented as a stand-alone linked document
to the RRP, and serves as the main document describing implementation details.
The PAM is prepared in the course of loan processing and initially agreed with
the government at the loan fact-finding stage. At loan negotiations, the borrower
and ADB shall review and confirm the PAM agreed during loan fact-finding to
ensure consistency with the loan agreement, and such confirmation shall be
reflected in the minutes of the loan negotiations. The detailed cost estimate by
financier (one schedule included in the PAM) is prepared based on Section J6 of
the ADB Operations Manual (Appendix 3A).
9
Related illustrative tables are also
provided in this handbook (Appendix 3B).

the real estate company revealed that if you want to profit from buying

9:18 PM    


The purchase of land or houses remains a very interesting topic because life couple newly married bride or the old home still understand that there is a cozy refuge for families. Home course not intended for resale or want get returns. Kim Heang director of Khmer Real Estate share experiences whether to buy - how to get home profits.

The first point the owner of the real estate company revealed that if you want to profit from buying and selling adhere to two principles is 1 (host) and 2 (customers) want Buy. CEO explained [to buy when they want to sell] because we can talk to moderate sometimes under his market. We can buy. In particular, they want to buy. For example, we do not want to sell the house smoldering suddenly there was a knock on the door you want to buy this, we can cut and sell [...].
He added that the land market and not want to sell the house, sell out, so if they want to High should sell and buy from those who want to sell at the location where you feel good .

The second point that you buy - is the definitive source of information. For the bank is the best source. [... Cases the bank to borrow money, for example, that the market price (the house), 10 thousand, so the bank can borrow from four to five thousands. So to set the bank wants the money back into banks need the money to pay his way, [client] could be sold at a lower price than the market. Available sources of information that can be bought is good.

Director of the company, which has experience buying and selling land for 10 years, said that the guest house layout banks to borrow money, using a 1 to 5 percent, which does not have the ability to pay, so if Get more information from the banks and by buying from investors who need money may be more profitable.

Another point that can not be overlooked is to monitor the development of the economy and the actual market demand . If the economy stable - there are many activities means that the market demand is increasing. He wanted to emphasize that the purpose of the purchase of land or home is even more important. 'It [the acquisition] depends on the objectives we want to buy a few. Kork three years to five years may Pochentong and 10 years to see the surrounding area belt. So I can say that the main objective is that we want a profit for a few.

For those who do not yet want to buy houses for families living Kim Heang should recommend that buying houses for a living, do not want to buy a profit because he (the buyer) accommodation second and do not need to pay rent. If banks lend separate home until house prices will rise by the market, although not to borrow money to pay the bank remains profitable because it resembles rent rent in the past, and if you wait until saving enough money and then buy land - House also will rise further.