Koror-Airai Sanitation Project (ADB-42439-013)

Countries
  • Palau
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
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
Nov 19, 2013
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 the Republic of Palau, Ministry of Finance
The holder of the loan, grant, or other investment.
Sectors
  • 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.
Loan Amount (USD)
$ 28.80 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.
Bank Documents
Primary Source

Original disclosure @ ADB website

Updated in EWS Nov 20, 2017

Disclosed by Bank Sep 27, 2016


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Project Description
According to ADB website, ADB is helping Palau improve sanitation services in Airai and Koror, where about 80% of the country’s population live. The project will rehabilitate the sewerage network in Koror and develop a new sewerage system in Airai. It will also ensure sewage treatment and waste disposal meets Palau’s environmental and health standards, and make hygienic public toilets available in Koror. The impact of the project is improved environmental and public health in Koror and Airai. The outcome of the project will be improved delivery of sanitation services by Palau Public Utilities Corporation (PPUC). Further, this project is related to a closed ADB project (ADB-42339-012).
Investment Description
  • Asian Development Bank (ADB)
Contact Information
Project Officer: Blaik, Stephen Pacific Department, ADB 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