Connecting the Railways of the Greater Mekong Subregion (ADB-42518-024)

Countries
  • China
  • Laos
  • Myanmar
  • Thailand
  • Vietnam
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
Jun 21, 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
Regional
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)
Advisory Services
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 0.50 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 Nov 20, 2017

Disclosed by Bank Sep 29, 2016


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Project Description
According to ADB documents, the Greater Mekong Subregion Economic Cooperation Program Strategic Framework, 2012–2022 stresses the importance of (i) ensuring that all countries in the Greater Mekong Subregion (GMS) are connected to a GMS rail network by 2020, and (ii) promoting the development of a seamless rail network in the GMS as part of a regional cooperation strategy to facilitate cross-border infrastructure development The TA is in direct response to the GMS member governments' request for ADB assistant to review the rail links and provide advice on suitable financial and investment opportunities. The impact will be greater railway connectivity in the GMS. The outcome will be a suitable investment program prepared for the viable missing rail links. This project is related to closed projects (ADB-42518-012 and ADB-42518-022).
Investment Description
  • Asian Development Bank (ADB)
Contact Information
Project Officer: Leather, James Southeast Asia 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