Cambodia: Rapid Immunization Support Project (AIIB-000521)

Countries
  • Cambodia
Where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Development Bank (ADB)
  • 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
C
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 Cambodia
The holder of the loan, grant, or other investment.
Sectors
  • Education and Health
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)
$ 50.00 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)
$ 50.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ AIIB website

Updated in EWS Sep 30, 2021


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Project Description

According to the bank's website, the project aims "to increase access to eligible COVID-19 vaccines for priority populations in Cambodia". In addition, the project will help the Government of Cambodia to procure, deliver, and deploy vaccines to priority populations against severe forms of COVID-19. "The project will support the procurement of an estimated 11.6 million eligible COVID-19 vaccines under Asian Development Bank (ADB)'s Asia Pacific Vaccine Access Facility (APVAX), contributing to the government's goal of vaccinating target populations".

Investment Description

According to bank's document, the project has a total cost of 153.7 million USD. ADB is the lead co-financier with 95 million USD financing, AIIB has 50 million USD, and the government will put in 8.7 million USD.


Contact Information

AIIB

Wanli Fang, Senior Investment Officer - Urban

wanli.fang@aiib.org

 

ADB

Richard Elfving, Senior Social Sector Specialist

relfving@adb.org

 

Government of Cambodia

H.E Pen Thirong, Under-Secretary of State, Ministry of Economy and Finance

thirong_pen@mef.gov.kh

 

H.E Prof. Eng Huot

Secretary of State Ministry of Health

enghuot@online.com.kh

 

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