Bangladesh: Rampura-Amulia-Demra (RAD) Expressway Project (AIIB-000466)

Countries
  • Bangladesh
Geographic location where the impacts of the investment may be experienced.
Specific Location
Rampura, Amulia, Demra, Dhaka, Chittagong
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
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
A
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Mar 23, 2023
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Government of Bangladesh
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
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, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 75.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Loan Amount (USD)
$ 75.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Media Documents
Primary Source

Original disclosure @ AIIB website

Updated in EWS May 9, 2023

Disclosed by Bank May 18, 2022

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the AIIB, the aim of the project is to improve efficiency and resilience of existing road transport connectivity between Dhaka and surrounding areas.

The scope of the Project is to design, build and operate a 12.5km four-lane access-controlled highway, including an 8.15km elevated section and a 4.35km at-grade section, by way of upgrading an existing two-lane undivided carriageway. The Project starts at the Chittagong Interchange with access to the National Highway N1, connects to the National Highway N2 at the Demra access point, and ends at Rampura Interchange, which is located in a densely populated area in Dhaka. The width of the proposed road will be around 18m in the elevated section and 32m in the at-grade section.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.
Private Actors Description
A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

According to Bloomberg, China Road and Bridge Corporation merged with China Harbour Engineering Company (Group) to form China Communications Construction Group Ltd.

Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - China Communications Construction Company Parent Company Infrastructure
- - - - China Road & Bridge Corporation Contractor Infrastructure

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

AIIB Project Team Leader:

Ziwei Liao - Senior Private Sector Operations Specialist
Email: ziwei.liao@aiib.org

Borrowers -

Dhaka RAD Elevated Expressway Company Limited:

Meng Yang - Managing Director
Email: yangm@crbc.com
Address: Block J, House 20 Road-04, Dhaka 1219, Bangladesh

China Road and Bridge Corporation:

Meng Feng - General Manager of Financing and Contract
Email: fengm@crbc.com
Website: https://www.crbc.com/site/crbcEN/index.html

Implementing Agency - Roads and Highways Department:

Md. Ishaque - Chief Engineer
Email: ce@rhd.gov.bd
Website: https://rhd.portal.gov.bd/

ACCESS TO INFORMATION

You can submit an information request for project information at: https://www.aiib.org/en/contact/information-request/index.html

ACCOUNTABILITY MECHANISM OF AIIB

The AIIB has established the Accountability Mechanism for Project-Affected People (PPM). The PPM provides Òan 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 AIIBÕs failure to implement the ESP in situations when their concerns cannot be addressed satisfactorily through Project level GRMs or AIIB Management processes.Ó 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

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