The total dollar value of approved New Development Bank (NDB) projects from its inception until November 30, 2024, has reached USD 36 billion. These projects have been assessed as creditworthy and aligned with international financial standards.
The approved NDB projects can be categorized into three main groups:
Accompanying charts illustrate the distribution of projects across these three dimensions, providing an overview of the currency, geographic, and sectoral composition of approved projects.
Among the approved projects, only one has been financed outside the NDB member countries. This project is located in Lesotho and, with the guarantee of the South African government, was financed at approximately USD 221 million using the Rand currency.
Implementing projects outside member countries, when the interests of at least one member are met and a valid guarantee exists, can help expand the bank’s role in regional and cross-regional development.
