According to AIIB website, the Project will be built on the previous experience in preparation and implementation of the Dam Safety Project (DSP:1994-2003) and the Dam Operational Improvement and Safety Project (DOISP: 2009-2016). The DOISP was envisaged as the first stage of a longer-term programmatic approach by Government to develop a portfolio management approach across its dam and reservoir sector. The overall aims of the program were:
1. To increase the safety and the functionality of the 63 short-listed prioritized large dams/reservoirs,
2. Develop and mainstream the regulatory and administrative arrangements for dam and reservoir management and safety that are more sustainable from a technical, environmental and financial perspective.
The Project will consist of the following components:
1. Institutional Capacity for Dam Safety;
2. Dam Rehabilitation andSafety;
3. Dam Operation and Safety Management.
The Project is estimated to cost US$ 300 million. The AIIB investment is $125 USD million. The World Bank investment is $125 USD million.
Project Team Leader: Mr. Ghufran Shafi
Senior Investment Operations Specialist, AIIB
Telephone No.: +86 10 83580171
Email Address: email@example.com
Mr. Marcus Wishart
Senior Water Resources Specialist, World Bank
Telephone No.: +1 202 640 9068
Email Address: firstname.lastname@example.org
Borrower: Directorate General of Budget Financing and Risk Management, Ministry of Finance
Ms. Ayu Sukorini, Director of Loans and Grants
Telephone No.: + 62 21 345 8289
Email Address: email@example.com
Implementation Agency: Ministry of Public Works & Housing (DG Water Resources)
Ms. Lolly Matina Martief, Director of Operations and Maintenance
Telephone No.: +62 21 739 5500
Email Address: firstname.lastname@example.org
ACCOUNTABILITY MECHANISM OF AIIB
In addition, the AIIB has a Bank Oversight Mechanism. According to AIIB's policies, "people who believe they have been or are likely to be adversely affected by a failure of the Bank to implement the ESP may also submit complaints to the Bank's oversight mechanism in accordance with the policies and procedures to be established by the Bank for such mechanism." However, at the time of writing, it is unclear what the exact scope and function of this Oversight Mechanism will be.