Karnataka State Highways Improvement III Project (ADB-42513-014)

Countries
  • India
Where the impacts of the investment may be experienced.
Specific Location
Karnataka
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
A
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
Dec 8, 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
Government of India
The holder of the loan, grant, or other investment.
Sectors
  • Transport
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)
$ 346.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 346.00 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)
$ 655.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Bank Documents
Primary Source

Original disclosure @ ADB website

Updated in EWS Dec 5, 2018

Disclosed by Bank Sep 23, 2018


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Project Description

According to the bank website, "the Karnataka State Highways Improvement III Project (KSHIP III) will improve about 418 kilometers (km) of state highways in the state of Karnataka, in line with the state''s core road network (CRN) development plan. It will involve upgrading of identified state highways to two- and four-lane with paved shoulders, depending on traffic requirements, and reconstruction, widening, and strengthening of culverts and bridges. Contracts will be based on a hybrid-annuity model with a 7-year annuity period, post-construction. The project will carry out a road safety audit to identify critical accident spots across state highways on the CRN, and implement suitable measures to improve these accident spots. The project will also strengthen institutional capacity and efficiency in Karnataka Public Works, Ports, and Inland Water Transport Department (KPWD)."

 

Investment Description
  • Asian Development Bank (ADB)

Cofinancing:
Private Sector - Loan US$ 107 million
Government US$ 202 million

Contact Information

Responsible ADB Officer Georget, Johan
Responsible ADB Department South Asia Department
Responsible ADB Division Transport and Communications Division, SARD
Executing Agencies Government of Karnataka
CS@KARNATAKA.GOV.IN
Dr Ambedkar Rd., Sampangi Ramnagar,
Bangalore, Karnataka, India

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