Punjab Irrigated Agriculture Investment Program - Tranche 4 (ADB-37231-044)

Countries
  • Pakistan
Where the impacts of the investment may be experienced.
Specific Location
Punjab
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 Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
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.
Voting Date
Dec 8, 2015
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.
Sectors
  • Agriculture and Forestry
  • Finance
  • Infrastructure
  • Water and Sanitation
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)
$ 26.57 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 @ ADB website

Updated in EWS Aug 11, 2017

Disclosed by Bank Sep 22, 2016


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Project Description
DESCRIPTION ADB approved a multitranche financing facility (MFF) for the Punjab Irrigated Agriculture Investment Program for $900 million in December 2006 (reduced to $700 million in 2011 following amendment in MFF). Three tranches of total $538 million were approved. The proposed tranche is fourth and last tranche (T4), will meet $26.6 million cost overruns in T1 and remains within the MFF balance of $162 million. The T4 is classified category C for environment, involuntary resettlement, and indigenous peoples safeguards. The climate change classification is Medium as the region experienced recurring major flood events and may face future water stress. For knowledge solutions, groundwater management plan is developed in the project. PROJECT RATIONALE AND LINKAGE TO COUNTRY/REGIONAL STRATEGY The infrastructure has seriously deteriorated due to (i) age (much is nearly 100 years old); (ii) no asset management planning; and (iii) chronic underfunding and ineffective implementation of O&M.; The poor condition of some large infrastructure poses serious risks, yet the deteriorated system more generally means unreliable irrigation service delivery, particulary to the tail ends of the canals. Farmers have adapted to unreliable and inadequate canal water by developing private tubewells. IMPACT Increased agricultural production and farm income in Lower Bari Doab Canal (LBDC) command area.
Investment Description
  • Asian Development Bank (ADB)
Loan 3351-PAK: Punjab Irrigated Agriculture Investment Program Tranche 4 Ordinary capital resources US$ 26.57 million
Contact Information
ACCOUNTABILITY MECHANISM OF ADB The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main CONTACTS Responsible ADB Officer Zafar, Asad A. Responsible ADB Department Central and West Asia Department Responsible ADB Division Pakistan Resident Mission Executing Agencies Punjab Irrigation Department c/o Superintending Engineer Link Canal Circle, Canal Bank Mughalpur, Lahore, Pakistan