A large share of the international project business for Austrian companies relates to projects which are financed by the World Bank Group : in 2009 the order volume of projects financed by the International Development Association (IDA) and the International Bank for Reconstruction and Development (IBRD) amounted to around EUR 84m (USD 110m). This was not only a record value that placed Austria among the top 4 OECD countries (behind Italy, Turkey and France), but also propelled Austria to place 16 among all World Bank members.
There are many Austrian companies taking part annually in projects financed by the Asian Development Bank (ADB) , the Inter-American Development Bank , the African Development Bank , the European Bank for Reconstruction and Development , the European Investment Bank and various funds from international financial institutions, and the number is growing steadily.
Austrian companies were very successfully involved in the international project business with the Asian Development Bank in 2009, with order volumes totalling USD 33.7m: examples included projects in Bhutan, Pakistan, Bangladesh, Kazakhstan and Azerbaijan, Indonesia, Vietnam, India and the Phillipines
When it comes to EBRD-financed projects, Austrian companies are among the leading players: in 2009 Austria was represented with project volumes of EUR 94m in the public sector and thereby involved in a quarter of all EBRD projects (EBRD total 2009: EUR 375.3m).