Road Network Upgrading Sector Project (additional financing) (ADB-46260-003)

Countries
  • Timor-Leste
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
Dec 3, 2015
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 Timor-Leste
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)
$ 76.22 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 Jan 12, 2018

Disclosed by Bank Nov 27, 2014


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Project Description
The proposed additional financing will support scaling up the Road Network Upgrading Sector Project. An additional 97 kilometers (km) of national roads will be upgraded and climateproofed in addition to the original core subproject, Manatuto to Natarbora (81 km) making 176 km in all. The project is in line with the ongoing efforts of the Asian Development Bank (ADB) and other development partners to support the progressive upgrading of the entire national road network.
Investment Description
  • Asian Development Bank (ADB)
Contact Information
Council for Administration of the Infrastructure Fund (also Conselho Administrativo do Fundo Infraestrutura) Palacio do Governo,Ministry of Finance Edificio 5, 1 Andar Dili, Timor-Leste 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