Transport Project Preparatory Facility (ADB-44350-013)

Countries
  • Sri Lanka
Geographic location 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
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
C
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Sep 22, 2016
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
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, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 24.42 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ ADB website

Updated in EWS Jun 26, 2020

Disclosed by Bank Nov 9, 2016

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

DESCRIPTION

The proposed Transport Project Preparatory Facility (the Project) will improve the startup efficiency of priority transport projects in the road, railway, and port subsectors by (i) preparing the feasibility studies, detailed design, and procurement documents, and (ii) providing implementation support during the inception stage of project implementation.

PROJECT RATIONALE AND LINKAGE TO COUNTRY/REGIONAL STRATEGY

The country's economy faces several short-term challenges in 2016 as the government seeks to undertake difficult reforms to re-start fiscal consolidation and tackle high priority, structural reforms, but it has favorable medium-term prospects given that the issues are being dealt with proactively. To attain high, inclusive, and sustained growth, the country needs to further invest in its international and domestic transport infrastructure.

IMPACT

Transport projects successfully implemented.

CONSULTING SERVICES

Advance contracting and retroactive financing will be used to expedite the project implementation. Consulting firms and individual consultants will be selected for preparing feasibility study, detailed engineering, procurement documents, and safeguards documents, and for providing support during the inception stage of project implementation. All consultants will be recruited in accordance with ADB's Guidelines on the Use of Consultants (March 2013, as amended from time to time).

PROCUREMENT

In case that goods and/or works will be required, all procurement of goods and works will be undertaken in accordance with ADB's Procurement Guidelines (April 2015, as amended from time to time).

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Loan 3425-SRI: Transport Project Preparatory Facility
Concessional ordinary capital resources / Asian Development Fund US$ 24.42 million


Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

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

CONTACTS

Responsible ADB Officer Nakai, Kanzo
Responsible ADB Department South Asia Department
Responsible ADB Division Transport and Communications Division, SARD
Executing Agencies
Ministry of Higher Education and Highways
INFO@MOHSL.GOV.LK
8th Floor, Denzil Kobbekaduwa Mawatha,
Koswata,
Battaramulla, Sri Lanka
Ministry of Ports and Shipping
WEBMAIL@SLPA.LK
Sri Lanka Ports Authority
#19, Chrurch Street, Colombo 01,
Sri Lanka
Ministry of Transport and Civil Aviation
MINTRANSPORT@SLTNET.LK
7th Floor, Sethsiripaya, Stage II,
Battaramulla, Sri Lanka

How it works

How it works