Tribhuvan International Airport Capacity Enhancement Investment Program (ADB-38349-025)

Countries
  • Nepal
Geographic location where the impacts of the investment may be experienced.
Specific Location
Kathmandu
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
Canceled
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
C
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."
Borrower
Goverment of Nepal
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)
$ 240.00 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
Other Related Projects
Primary Source

Original disclosure @ ADB website

Updated in EWS Oct 21, 2019

Disclosed by Bank Sep 21, 2018

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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.

Arcording to the bank document, "the Government of Nepal requests ADB to finance the development of Tribhuvan International Airport (TIA) in Kathmandu in accordance with the TIA master plan 2010-2028. The investment program will finance the physical investment on the airside facility improvement to meet the standards of the International Civil Aviation Organization (ICAO). It will also provide the capacity development support to ensure the clear functioning of the newly established air transport regulations and operations entities to be established through the bifurcation of the Civil Aviation Authority of Nepal (CAAN) for the self-sustained improvement of air transport in Nepal, possibly with the private sector participation in airport operations.

The investment program and its outcome are consistent with the strategic objective set out in the Country Partnership Strategy, 2013-2017: to support the government's development objective of accelerated, sustainable, inclusive economic growth. As TIA is a key infrastructure to promote the regional connectivity, the capacity enhancement needs of TIA were specifically recognized at the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation workshop held on 28-29 May 2014 by the participant member countries. The investment program is included in the 2016-2018 Country Operations and Business Plan as a firm lending product from ADF in 2017."

 

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

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.

Responsible ADB Officer Yeo, Kai Wei
Responsible ADB Department South Asia Department
Responsible ADB Division Transport and Communications Division, SARD
Executing Agencies Civil Aviation Authority of Nepal
P. B. No. 284, Babar Mahal
Kathmandu
Nepal

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

 

 

How it works

How it works