Bangladesh: Municipal Water Supply and Sanitation Project (AIIB-000068)

Countries
  • Bangladesh
Where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Infrastructure Investment Bank (AIIB)
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Bank Risk Rating
B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Dec 1, 2018
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Sectors
  • Water and Sanitation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 130.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 270.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Bank Documents
Primary Source

Original disclosure @ AIIB website

Updated in EWS Jun 25, 2018

Disclosed by Bank Apr 13, 2018


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Project Description

The project aims to increase access to safe water supply and sanitation services to selected pourasahvas and to strengthen the pourashavas' institutional capabilities for delivering improved water supply and sanitation services.

Investment Description
  • Asian Infrastructure Investment Bank (AIIB)
  • World Bank (WB)

This project is funded by:

AIIB - 130 million USD

World Bank -130 million USD

Government of Bangladesh - 10 million USD

Contact Information

Contact Points
Asian Infrastructure Investment Bank:
Shakeel Khan
Project Team Leader / Principal Investment Operations Specialist
Tel: +86 10 8358 0185
E-Mail: skhan@aiib.org


Borrower:
Md. Nasir Uddin Khan
Joint Secretary, Economic Relations Division (ERD)
Ministry of Finance
Tel: +8802-9119617
E-Mail: nasirkn59@gmail.com

Implementing Agency:
Md. Rashidul Huque, Chief Engineer
Department of Public Health Engineering (DPHE)
Tel:+ 88-02-9343358 (Office)
Fax: + 88-02-9343375
E-mail: ce@dphe.gov.bd , rashidulhuque@yahoo.com

 

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.