Highlands Region Road Improvement Investment Program- Tranche 3 (ADB-40173-044)

Countries
  • Papua New Guinea
Where the impacts of the investment may be experienced.
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
Approved
Bank Risk Rating
B
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
Jul 19, 2016
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.
Borrower
Government of Papua New Guinea
The holder of the loan, grant, or other investment.
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, etc.
Investment Amount (USD)
$ 109.31 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 128.31 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Jul 31, 2017

Disclosed by Bank Jul 25, 2016


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Project Description
Project 3 outputs will include (i) improvements to 113.5 km of priority national roads identified in the National Transport Development Plan (NTDP), 2006-2010 of the Highlands Core Road Network (HCRN), with design considerations for all road users including pedestrians and public motor vehicles; (ii) maintenance arrangements for 200 km of the HCRN; (iii) improved capacity of the National Road Authority (NRA) to plan and manage long-term road maintenance contracts; (iv) more efficient Department of Works and Implementation (DOW) capable of implementing and delivering road improvements with attention to safeguards capacity, an improved asset management system of the HCRN and consulting support to pilot community-based road maintenance; and (v) improved road safety capacity of the National Road Safety Council (NRSC). IMPACT Project is aligned with export-driven economic growth and rural development in the Highlands region
Investment Description
  • Asian Development Bank (ADB)
Cofinancing European Union-Grant US$ 19.00 million
Contact Information
Department of Works ANNIGGINS@ONLINE.NET.PG P.O. Box 1108 Boroko, NCD Papua New Guinea 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