Developing South Asian Livable Cities Facility (ADB-42173-015)

Countries
  • Bangladesh
  • Bhutan
  • Maldives
  • Nepal
  • Sri Lanka
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
Active
Bank Risk Rating
U
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
Aug 7, 2019
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
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Fund
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 4.00 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 30, 2019

Disclosed by Bank Aug 8, 2019


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Project Description

According to the bank website, "The proposed transaction technical assistance (TA) facility will provide (i) project preparation support to a series of ensuing urban sector projects in South Asia during 2019-2022; and (ii) capacity building and project implementation support to a series of ongoing projects. The ensuing projects being prepared by the urban development and water division of South Asia are aligned with Asian Development Bank's (ADB) Strategy 2030 with an operational priority of building livable cities that are green, competitive, inclusive and resilient. The projects will contribute to integrated, sustainable and smart urban development in the region, promote and showcase innovations, and thus require corresponding technical, safeguard, governance, financial management, and economic due diligence in addition to advance contracting and readiness requirements set by the developing member countries in South Asia and ADB to ensure efficient implementation. Large efficiency gains can be achieved by utilizing a combined facility approach for the development of multiple projects under a single cost center."

Investment Description
  • Asian Development Bank (ADB)
Contact Information

Responsible ADB Officer Shinjini Mehta
Responsible ADB Department South Asia Department
Responsible ADB Division Urban Development and Water Division, SARD
Executing Agencies Asian Development Bank
6 ADB Avenue,
Mandaluyong City 1550, Philippines

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