For the purposes of the High-Level Technology Fund, high-level technology (HLT) is defined as:
- Technology that is new or needs scaling-up in the country.
- ADB has not yet extensively supported.
- Have at least one of the HLT characteristics.
What are the characteristics of HLT?
It improves efficiency and productivity.
It increases functionality and access to services.
It introduces innovation in processes, methods, techniques, and the use of new improved equipment and materials in construction, operations, and maintenance.
It reduces environmental costs.
It reduces life cycle cost, increases durability, and improves long-term performance efficiency.
It enhances the scaling up of HLT and market opportunities for scale-up.
It promotes synergies and increases scale and impact through cross-sector collaboration.