Northern Rural Infrastructure Development Sector Project - Due Diligence of Additional Financing (ADB-42203-023)

Countries
  • Laos
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
Canceled
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
Mar 19, 2015
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
Lao People's Democratic Republic
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
  • Finance
  • Infrastructure
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 0.22 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 18, 2017

Disclosed by Bank Mar 30, 2017


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Project Description
This project finances improvements in access to and participation in the market economy for rural households in Bokeo, Luang Namtha, Oudomxay and Phongsaly provinces. This includes investments two components: i) rural infrastructure for irrigation and rural access roads and ii) initiatives to achieve greater commercialization in agriculture.
Investment Description
  • Asian Development Bank (ADB)
Philkoei International, Inc, Nippon Koei Co, Ltd., Nia Consult Ind., and Lao Consulting Group are some of the consultants for this project.
Contact Information
*No contacts available* 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