Infrastructure Development Investment Program for Tourism-Tranche 4 (ADB-40648-037)

Countries
  • India
Where the impacts of the investment may be experienced.
Specific Location
Tamil Nadu
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
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
Sep 28, 2018
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 India
The holder of the loan, grant, or other investment.
Sectors
  • Infrastructure
  • Transport
  • 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)
$ 31.00 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)
$ 31.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ ADB website

Updated in EWS Jan 17, 2019

Disclosed by Bank Sep 28, 2018


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Project Description

According to the bank website, "Tranche 4 will support a slice of the Tamil Nadu tourism sector road map through the preservation and development of natural and cultural heritage, creation of tourism support and connectivity infrastructure, and provision of capacity building for improved destination management and marketing. The scope includes clean energy solar photovoltaic panel installations at government-owned tourist facilities to reduce greenhouse gas emissions and promote energy efficiency."

 

Investment Description
  • Asian Development Bank (ADB)
Contact Information

Responsible ADB Officer Slangen, Ron H.

Responsible ADB Department South Asia Department

Responsible ADB Division Urban Development and Water Division, SARD

Executing Agencies
-Department of Tourism, Culture, and Religious Endowment (DOTCRE), Government of Tamil Nadu
TNTOURISM.PMUADB@GMAIL.OM
IDIPT-TN, Department of Tourism, Tamil Nadu Tourism Complex
-Ministry of Finance (Aid Accounts & Audit Division)
CAAA@NIC.IN.
5th Floor, B Wing, Janpath Bhawan Janpath, New Delhi 110 001 India

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