Northern Rural Infrastructure Development Sector Project - Additional Financing (ADB-42203-025)

Countries
  • Laos
Where the impacts of the investment may be experienced.
Specific Location
Provinces of Bokeo, Louang-Namtha, Oudomxai, and Phongsali
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
May 31, 2017
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, Ministry of Agriculture and Forestry
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
  • 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.
Grant Amount (USD)
$ 35.60 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Investment Amount (USD)
Not Disclosed
When disclosed, the bank did not provide this value. Please review updated project documents for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Oct 14, 2017

Disclosed by Bank May 31, 2017


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Project Description
The ongoing Northern Rural Infrastructure Development Sector Project (Project | 42203-022) is enhancing rural inhabitants’ access to and participation in the market economy to improve their livelihoods and enhance food security. It supports increased production in those commodities having a comparative advantage within markets that are increasingly accessible to investments by ADB and other development partners in Greater Mekong Subregional (GMS) transport corridors and economic integration. The additional financing will be used to scale up the current project’s outputs. The overall project with additional financing): (i) will remain technically feasible, economically viable, and financially sound; (ii) is accorded high priority by the government; (iii) is consistent with the project’s development objectives, and (iv) is consistent with the current country partnership strategy (CPS). The overall project will continue to use a sector modality which has proven to be efficient and effective for organizing implementation. It will be carried out in the same four project provinces of Bokeo, Louang-Namtha, Oudomxai, and Phongsali.
Investment Description
  • Asian Development Bank (ADB)
Contact Information
Project Officer: Phanouvong, Sisavanh Southeast Asia Department No contact information provided at the time of disclosure. 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