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Projects |
Projects are a vital part of the APEC process. They help turn APEC Ministers' and Economic Leaders' policy directions into actions and create real benefits for people living in the Asia-Pacific region.
APEC contributes funding to over 100 projects each year, to a total value of around US$8 million. The majority of projects are focused on transferring knowledge and skills between members and building capacity so that each economy can move closer towards the Bogor Goals of free and open trade and investment.
Projects cover a wide range of important sectors. In addition to cooperation for trade liberalisation, APEC also supports projects that seek to make trade and doing business easier and more efficient such as: agreeing to common standards for product testing and labelling; developing safer and more efficient transportation routes; and providing information on each member's regulatory and legislative requirements for imports and exports.
APEC also works to maximise the benefits of globalisation. In particular, APEC supports projects that: promote public health; improve the skills of workers; reduce the risks of and improve responses to natural disasters and emergencies; and that help small, medium and micro-sized enterprises to grow and access markets.
Information about individual projects can be found through the APEC Project Database: http://aimp.apec.org/PDB/default.aspx
How are APEC projects funded?
APEC projects are funded through contributions by member economies. There are three main sources of APEC project funding:
Operational Account
The Operational Account is comprised of members' annual contributions. Projects in support of APEC's Economic and Technical Cooperation (ECOTECH) agenda are funded by the Operational Account.
Trade and Investment Liberalisation and Facilitation Special Account (TILF)
Cooperative projects that assist APEC member economies to meet the free trade and investment goals in the Osaka Action Agenda are funded by the TILF Special Account.
The TILF was established during the 1995 APEC Economic Leaders' Meeting when Japan announced its intention to contribute up to 10 billion yen to fund projects which encourage trade and investment liberalisation and facilitation. Since then, other member economies have also made contributions to the TILF, and around 600 projects have been funded.
APEC Support Fund (ASF)
The ASF supports projects that address the capacity building needs of APEC's developing members.
The ASF was established in 2005. Since then, donations have been received from other economies as set out below. Currently, funds are available in the specific areas of human security, avian influenza and pandemics, technology, energy efficiency and for the implementation of APEC's Second Trade Facilitation Action Plan.
General Fund
Established in May 2005, the priority areas covered by the General Fund are the ECOTECH Priority Themes (Manila Framework approved 2006), specifically:
- Developing Human Capital;
- Developing stable, safe and efficient capital markets through structural reform;
- Strengthening economic infrastructure;
- Facilitating technology flows and harnessing technologies for the future;
- Safeguarding the quality of life through environmentally sound growth; and
- Developing and strengthening the dynamism of Small and Medium Enterprises (SMEs);
- Integration into the global economy;
- Human security and counter-terrorism capacity building;
- Promoting the development of knowledge-based economies; and
- Addressing social dimension of globalisation.
| Economy / Agency | Contribution | Year / Amount Received |
| Australia / Australian Agency for International Development (AusAID) | AUD$ 7.3 million |
2010 - AUD$ 1.5 million
2009 - AUD$ 1.8 million 2008 - AUD$ 1.5 million 2007 - AUD$ 500,000 2006 - AUD$ 1 million 2005 - AUD$ 1 million |
| China | US$ 2 million |
2009 - US$ 600,000
2008 - US$ 700,000 2007 - US$ 700,000 |
| Korea / Korea International Cooperation Agency (KOICA) | US$ 2 million |
2009 - US$ 700,000
2008 - US$ 700,000 2007 - US$ 600,000 |
| USA / US Department of State | US$ 795,142 | 2008 - US$ 767,615 |
APEC Support Fund Sub-Fund A : Human Security
Established in January 2006, the priority areas covered by this Sub-Fund are:
- Counter-Terrorism and Secure Trade;
- Health Security, including Avian and Pandemic Influenza, and HIV/AIDS;
- Emergency Preparedness; and
- Energy Security
| Economy / Agency | Contribution | Year / Amount Received |
| Australia / Australian Agency for International Development (AusAID) | AUD$ 1 million | 2009 - AUD$ 1 million |
| Russia | US$ 340,000 |
2010 - US$ 170,000
2009 - US$ 170,000 |
| Chinese Taipei | US$ 1.5 million |
2010 - US$ 500,000
2006 - US$ 1 million |
APEC Support Fund Sub-Fund A: Human Security - Priority 2
Established in November 2006, this Sub-Fund is dedicated to Priority 2 of the ASF Sub-Fund: Human Security, Avian and Pandemic Influenza.
| Economy / Agency | Contribution | Year / Amount Received |
| Australia / Australian Agency for International Development (AusAID) | AUD$ 4 million | 2007 - AUD$ 4 million |
APEC Support Fund Sub-Fund B : APEC Second Trade Facilitation Action Plan (TFAP II)
Established in February 2008, this Sub-Fund is available for capacity building activities that contribute to the Implementation of the Second Trade Facilitation Action Plan (TFAP II).
| Economy / Agency | Contribution | Year / Amount Received |
| Hong Kong, China | US$ 500,000 | 2008 - US$ 500,000 |
APEC Support Fund Sub-Fund C : Science & Technology Development
Established in September 2008, this Sub-Fund is available for capacity building activities that support technology flows between members and harnessing technologies for the future.
| Economy / Agency | Contribution | Year / Amount Received |
| Russia | US$ 160,000 |
2010 - US$ 80,000
2009 - US$ 80,000 |
APEC Support Fund Sub-Fund D : Energy Efficiency
Established in July 2009, this Sub-Fund supports capacity building initiatives contributing to the promotion of energy efficiency in the APEC region.
| Economy / Agency | Contribution | Year / Amount Received |
| Japan | JPY 120,000,000 | 2009 - JPY 120,000,000 |
| Chinese Taipei | US$ 500,000 | 2010 - US$ 500,000 |
How are APEC projects implemented?
APEC projects are managed and implemented across all 21 member economies in accordance with the Guidebook on APEC Projects. The Guidebook is constantly under revision to improve how projects are carried out.
APEC encourages the involvement of the private sector, universities and governments in the region in its projects. Typically, requests for proposals/tenders to implement projects are advertised on the APEC website. Current requests for proposals/tenders, if any, are listed here.
For further information on specific projects and the process for uploading proposals, please review the Guidebook on APEC Projects or contact the relevant APEC Secretariat Program Directors.
Reviewed on: 3 June 2010