Greater Mekong Subregion Highway Modernization Project (ADB-47087-003)

Countries
  • Myanmar
Where the impacts of the investment may be experienced.
Specific Location
Bago, Pathein, Thilawa, Yangon
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
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
Proposed
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
Nov 27, 2018
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
Republic of the Union of Myanmar
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)
$ 194.70 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 194.70 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)
$ 194.70 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 Jan 31, 2019

Disclosed by Bank Oct 1, 2018


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Project Description

The GMS road corridors are the backbone of Myanmar's transport system. The project is in line with the Country Partnership Strategy's objective to develop the GMS corridors. It advances its strategic emphasis on transport infrastructure improvements, reforms, and private sector development. The project forms part of a sequence of gradually larger and more value-adding projects in the transport sector in Myanmar.

According to the bank document, the project will improve transport conditions along Myanmar's East-West Economic Corridor (EWEC) and North-South Economic Corridor (NSEC) by:

(i) improving about 99 km of GMS highways,

(ii) improving the safety of the Yangon-Mandalay expressway, and

(iii) preparing detailed designs for other highway projects on the GMS corridors.

The highways to be improved under the project are the Bago-Thanlyin highway and the Yangon-Mandalay expressway. The highways to be designed under the project are the Yangon-Pathein highway and a new Bago-Kyaikto highway.

 

Investment Description
  • Asian Development Bank (ADB)

Concessional ordinary capital resources lending / Asian Development Fund  US$ 194.70 million

Contact Information

Executing Agencies

Ministry of Construction
Department of Highways Office Building No. 11 Naypyitaw, Myanmar

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