Nepal: Urban Governance and Infrastructure Project (AIIB-000282)

Countries
  • Nepal
Where the impacts of the investment may be experienced.
Specific Location
Birtamod, Damak, Uralabari, Sundarharaicha, Mechinagar, Itahari, Rajbiraj, Triyuga and Dhankuta
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
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
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.
Borrower
Government of Nepal
The holder of the loan, grant, or other investment.
Sectors
  • Infrastructure
  • Law and Government
The service or industry focus of the investment. A project can have several sectors.
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.
Project Cost (USD)
$ 300.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ AIIB website

Updated in EWS Oct 22, 2019


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Project Description

According to the bank document, "the proposed project will supportNepal’s urban development througha bi-pronged approach of: (i) financingstrategic infrastructure investment; and (ii) providing institutional and capacity development support to the participating Urban Local Governments(ULGs).The project consists of three components:

Component 1: Municipal Infrastructure Investment.Strategic infrastructure investments, including improvements in municipal roads, storm water drainage, drinking water supply, wastewater, and solid waste management.

Component 2: Institutional Capacity Development.Capacity building to strengthen participating ULGsas well as provincial and federal governmentsin strengthening their institutional capacity for improved design, supervision, operation andmaintenanceof municipal infrastructure investments.

Component 3: Project Management, Coordination and Monitoring.This will provide technical assistance to strengthen the capacity of aProject Coordination Office(PCO) and Project Implementation Units(PIUs)for managing and coordinating project activities.

The project will include17participating ULGsin the Eastern-Terai Cluster (9): Birtamod, Damak, Uralabari, Sundarharaicha, Mechinagar, Itahari, Rajbiraj, Triyuga and Dhankuta in Provinces 1 and 2; and the Central-Hill Cluster (8):Pokhara-Lekhnath, Byas, Putalibazar, Baglung, Shuklagandki, Tansen, Ramgram and Tilottama in Provinces 4 and 5."

Investment Description
  • Asian Infrastructure Investment Bank (AIIB)

Co-financing:

World Bank US$ 150 million

Contact Information

AIIB
Mr. Sangmoo Kim, Investment Operations Specialist (Urban)

sangmoo.kim@aiib.org

World Bank

Ms. Yoonhee Kim, Senior Urban Economist
ykim3@worldbank.org

Government of Nepal

Mr. Dil Bhadur Chhetry, Under Secretary, Ministry of Finance
chhetrydb@mof.gov.np

Mr. Padma Mainalee, Project Director, PMU / Joint Secretary, DUDBC
pkmainalee@hotmail.com