Original disclosure @ AIIB website
Updated in EWS Jun 29, 2020
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According to bank documents, "The objective of the project is to improve the network capacity, service quality, and safety of Mumbai's suburban railway system by upgrading the existing infrastructure." Planned activities under the project's components include; Installation of Communication Based Train Control (CBTC) signaling system on the existing network, Improvement of 19 existing stations, and Institutional strengthening, implementation support, and technical assistance.
Ministry of Railway 258.5 million
Government of Maharashtra 258.5 million
Principal Investment Operations Specialist (Transport)
Prasanna V. Salian
Department of Economic Affairs,
Ministry of Finance
Government of India
Chairman and Managing Director
Mumbai Railway Vikas Corporation Limited
ACCOUNTABILITY MECHANISM OF AIIB
The AIIB has established the Accountability Mechanism for Project-Affected People (PPM). The PPM provides “an opportunity for an independent and impartial review of submissions from Project-affected people who believe they have been or are likely to be adversely affected by AIIB’s failure to implement the ESP in situations when their concerns cannot be addressed satisfactorily through Project level GRMs or AIIB Management processes.” Two or more project-affected people can file a complaint. Under the current AIIB policy, when the bank co-finances a project with another development bank, it may apply the other bank's standards. You can refer to the Project Summary Information document to find out which standards apply. You can learn more about the PPM and how to file a complaint at: https://www.aiib.org/en/about-aiib/who-we-are/project-affected-peoples-mechanism/how-we-assist-you/index.html.
The complaint submission form can be accessed in Arabic, Bahasa Indonesia, Bengali, Chinese, English, Tagalog, Hindi, Nepali, Russian, Turkish, or Urdu. The submission form can be found at: https://www.aiib.org/en/about-aiib/who-we-are/project-affected-peoples-mechanism/submission/index.html.