Road Network Development Program - Tranche 4 (ADB-39176-044)

Countries
  • Azerbaijan
Geographic location where the impacts of the investment may be experienced.
Specific Location
Ganja region
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
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
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 27, 2014
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 Azerbaijan, Open Joint-Stock Company
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)
$ 45.00 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)
$ 45.00 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.
Project Cost (USD)
$ 250.00 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
Primary Source

Original disclosure @ ADB website

Updated in EWS Jul 14, 2020

Disclosed by Bank Mar 21, 2017

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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 ADB website, ADB is helping Azerbaijan finance a comprehensive road network program. Under the fourth tranche of the multitranche financing facility, the project will reconstruct four bridges and rehabilitate 30 kilometers of local roads in the Ganja-Qazax region.

The tranche 4 Project is a high priority of the government and is included in the Road Network Development Program for 2006 2015 under the Transport Sector Development Strategy. It forms part of the country's primary east west highway linking the country's capital, Baku, to the Georgian border. Currently, the bridges and local roads are in poor and critical condition, resulting in high transport costs, long delivery times, and road crashes. This constitutes impediments to non-oil sector growth and poverty reduction in Azerbaijan, as well as regional trade development. Reconstruction of these bridges and associated local roads improvement will promote national and regional trade, thus contributing to the achievement of the objectives of the state program on poverty reduction and economic development.

This project is related to three (3) active projects: ADB-39176-013 (MFF-Road Network Development Program), ADB-39176-023 (Road Network Development Program - Tranche 1) and ADB-39176-043 (Road Network Development Program - Tranche 3).

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.

Project Officer: San Miguel, Cesar M.
Central and West Asia Department, ADB
No contact information provided at the time of disclosure.

Executing Agency: "Azeravtoyol" Open Joint-Stock Company
Contact Person: Mr. Saleh Mammadov
Email Address: INFO@AYS.GOV.AZ
Office Address: Block 2025, R. Ismayilov Str.,
Bilajari Settlement, Binagadi Distr., Baku, Azerbaijan Republic, AZ1117

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.

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