According to the AIIB, the objective of the proposed project is to improve cross-border connectivity between Bangladesh and India via a safe and efficient road link between Sylhet and Tamabil. The proposed project will result in: (a) reduced travel time for through traffic users (b) reduced number of traffic accidents and (c) increased number of populations with access to paved roads. Other intermediate indicators and the results monitoring framework to monitor the project progress and outcomes will be developed and finalized during appraisal.
Project components include:
1. Construction works. The project will support construction of road works, traffic engineering works and tolling facilities, e.g., installation of traffic management equipment and traffic surveillance, roadside service facilities, tolling and communication systems.
2. Consulting services. This component is comprised of two subcomponents, (a) for the project road, detailed design enhancements and construction supervision of the project and (b) for selected priority roads of Roads and Highways Department (RHD) network,feasibility studies (FS), environmental and social safeguards and preliminary designs.
3. Operation and Maintenance. This component will support the purchase essential equipment for RHD to introduce new technologies to improve O&M supply chain for Sylhet Division area.This essential equipment will also support private sector contractors and local communities to improve the efficiency and quality of maintenance works.
4. Project management supports and capacity building. This component is comprised of the project management costs of the project implementation unit. The project will also support the training, capacity building and institutional development of RHD for operating, managing and maintaining the RHD networks of the project division areas
Government of Bangladesh US$ 167 million
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.