Flood and Riverbank Erosion Risk Management Investment Program - Project 1 (ADB-44167-014)

Countries
  • Bangladesh
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
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
Jul 3, 2014
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
Bangladesh Water Development Board
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
  • Construction
  • Infrastructure
  • 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.
Investment Amount (USD)
$ 65.00 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)
$ 88.30 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 Sep 29, 2017

Disclosed by Bank Jan 23, 2017


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Project Description
This project finances the construction of riverbank revetments, which protect vulnerable riverbanks and therefore assets and flood embankments behind the riverbanks from progressive erosions. Flood embankments will also be rehabilitated or constructed. This program also includes training for communities to operate and maintain the structures and to manage flood and erosion risks at the community level. Additionally, it will provide livelihood improvement supports. The investment program will include the construction of about 50 kilometers (km) of riverbank protection structures; rehabilitation and construction of 89 km of flood embankments with climate-resilient design; and a trial program of riverbank protection structures.
Investment Description
  • Asian Development Bank (ADB)
This project was funded by: Government of the Netherlands (Grant): US$ 15 million ADB (Loan): US$ 65 million
Contact Information
Bangladesh Water Development Board 3 DIT Extension Avenue Hoque Chamber, Motijheel Commercial Area Dhaka, Bangladesh 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