Lao PDR: Climate Resilience Improvement of National Road 13 South Project (AIIB-000373)

Countries
  • Laos
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
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
Jul 1, 2020
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.
Borrower
Ministry of Finance Lao People's Democratic Republic
The holder of the loan, grant, or other investment.
Sectors
  • Transport
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)
$ 30.00 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)
$ 30.00 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)
$ 36.00 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 Jun 29, 2020

Disclosed by Bank Apr 1, 2020


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Project Description

According to the bank document, the project aims "to improve the road condition, safety, and climate resilience of the south section of the National Road 13. 

The proposed project is part of a larger government program of rehabilitation and maintenance of the 275 km long National Road 13 south (NR13S), comprising a two-lane section, from km 71 Vientiane Capital to km 346 Khammouane Province delivered through a 10-year Output and Performance-Based Road Contract (OPBRC) under Design, Build, Maintain, Operate and Transfer (DBMOT) methodology.

The program consists of four sections of the NR13S. The Project will cover Section 3 (78 km long, from km190 to km268).

A separate World Bank (WB) supported project will cover Section 1, and a European Investment Bank (EIB) supported project will cover Sections 2 and 4 including the construction supervision of all four sections. The Government of Lao (GoL) will finance the operation and maintenance of all sections."

 

Investment Description
  • Asian Infrastructure Investment Bank (AIIB)

Government of Lao PDR (Counterpart) US$ 6.00 million

Contact Information

1/ AIIB Contact Points:

Name: Wenyu Gu 

Title: Senior Investment Operations Specialist

Email Address: wenyu.gu@aiib.org

2/ Borrower Contact Points:

Name: Angkhansada Mouangkham

Title: Deputy Director-General, External Finance Department

Ministry of Finance

Email Address: angkhansada@yahoo.com

3/ Implementation Organization Contact Points:

Name: Litta Kattiya

Title: Director-General, Department of Road
Ministry of Public Works and Transport

Email Address  k_litta@yahoo.com

 

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.