Southeast Gobi Urban and Border Town Development Project --Additional Financing (ADB-42184-024)

Countries
  • Mongolia
Where the impacts of the investment may be experienced.
Specific Location
Avairkheer, Tsetserleg
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
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
Apr 22, 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 Mongolia
The holder of the loan, grant, or other investment.
Sectors
  • Technical Cooperation
  • 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)
$ 19.43 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)
$ 20.43 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 Jun 22, 2017

Disclosed by Bank Mar 31, 2016


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description
The additional financing and the administration of the TA grant will scale up and extend the socioeconomic benefits of the project by improving the quality and reliability of wastewater management services in two aimag centers from the current project, and by extending service improvements to two additional prominent and fast-growing aimag centers. The additional financing will also continue to strengthen through the TA, the wastewater management capabilities of aimag public utility service organizations (PUSOs) in both the current and additional project aimag centers.
Investment Description
  • Asian Development Bank (ADB)
Bill and Melinda Gates Foundation US$ 1.00 million
Contact Information
Ministry of Construction and Urban Development Ulaanbaatar 211238 Barilgachdyn Talbai 3 Mongolia 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