Coastal Towns Environmental Infrastructure Project (ADB-44212-013)

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
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 27, 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
Department of Public Health Engineering
The holder of the loan, grant, or other investment.
Sectors
  • Construction
  • Transport
  • 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)
$ 52.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ ADB website

Updated in EWS Sep 28, 2017

Disclosed by Bank Mar 29, 2017


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Project Description
The project provides climate-resilient municipal infrastructure and increases local government and public awareness of climate change and disaster risks in urban planning. This project builds drainage, water supply, and sanitation infrastructure, cyclone shelters, emergency access roads and bridges, solid waste management, bus terminals, slum improvements, boat landings, and markets.
Investment Description
  • Asian Development Bank (ADB)
This project is funded by: Strategic Climate Fund: US$ 10.4 million (Grant) Bill and Melinda Gates Foundation: US$ 1.6 million (Grant) ADB: US$ 52 million (Loan) Strategic Climate Fund; US$ 30 million (Loan) Urban Climate Change Resilience Trust Fund under the Urban Financing Partnership Facility: US$ 6 million (Grant)
Contact Information
Department of Public Health Engineering DPHE Bhaban, 14 Shaheed Captain Mansur Ali Sarani, Kakrail Dhaka, Bangladesh Local Government Engineering Department SSWRDSP@LGED.ORG LGED Bhaban (Level 6), Agargaon Sher-e-Bangla Nagar, Dhaka 1207, Bangladesh Ministry of Local Government, Rural Development, and Co-operatives Rural Development and Cooperatives Room 632, Bldg 7 Block-B, Dhaka-1207, 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