Road Sector Governance and Maintenance Project (ADB-47085-002)

Countries
  • Laos
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
Jan 28, 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
Lao People's Democratic Republic, Ministry of Public Works and Transport
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.
Loan Amount (USD)
$ 27.00 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)
$ 29.90 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Oct 27, 2017

Disclosed by Bank Sep 28, 2016


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Project Description
According to ADB website, ADB is working with the Lao People’s Democratic Republic to support road management and maintain over 300 kilometers of national and local roads in the provinces of Attapu, Salavan and Xekong. The project is working to provide year-round access to markets and services in provincial townships for the rural populations. The Lao Road Sector Governance and Maintenance Project will improve the delivery of public service in road asset management. It will cultivate sustainable and efficient road asset management practices by strengthening governance and capacity in planning, financing, and implementing routine and periodic road maintenance. The project will rehabilitate and maintain a total of 327 kilometers (km) of national and local roads in the provinces of Salavan, Xekong and Attapu. It will contribute to the achievement of the government's goal of improving road asset management.
Investment Description
  • Asian Development Bank (ADB)
Contact Information
Project Officer: Leung, Kang Hang 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