Bangladesh: Dhaka Sanitation Improvement Project (AIIB-000240)

Countries
  • Bangladesh
Where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Infrastructure Investment Bank (AIIB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
A
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.
Borrower
Government of Bangladesh
The holder of the loan, grant, or other investment.
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)
$ 150.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 150.00 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)
$ 330.00 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 May 18, 2019

Disclosed by Bank Mar 28, 2019


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Project Description

According to bank document, the project entails comprehensive investments in sanitation infrastructure combining sewerage systems, waste water treatment, sewerage and improved non-network sanitation. The project also aims at strengthening DWASA’s capacity andimprove coordination for sanitation service delivery.

Investment Description
  • Asian Infrastructure Investment Bank (AIIB)
Contact Information
Zacharias Ziegelhofer
Project Team Leader, AIIB
Email Address: zziegelhoefer@aiib.org 
 
Arif Ahamed
Task Team Leader, World Bank
Email Address: aahamed@worldbank.org

Borrower/Client:  Government of Bangladesh
Dr. AKM Matiur Rahman, Joint Secretary
Email Address: matiur1968@yahoo.com 

Implementing Agency: Dhaka Water Supply and Sewerage Authority (DWASA)
Kyaw Sha Ching, Project Director/PMU
Email Address: kyawching@gmail.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.