THE OPEC FUND
Partnerships The OPEC Fund works with the bilateral and multilateral agencies of its member countries, the World Bank Group, regional and national development banks and the special- ized agencies of the United Nations, as well as a host of other organizations.
Since the OPEC Fund was established in 1976, total commitments of more than $22bn have contributed to development projects with an estimated total project cost of over $187bn (see table below).
Total commitments and total project cost* since 1976 ($m)
Sovereign
Since 1976
Total project cost
Agriculture
2,089
12,626
Energy
2,623
38,617
Transport & Storage
4,355
32,215
Water & Sanitation
1,417
14,057
Education
1,022
2,891
Health
763
2,762
Trade Finance
1,872
13,671
Other
2,449
25,972
Sub-total
16,590
142,811
22
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