South Asia Subregional Economic Cooperation Transport, Trade Facilitation and Logistics Project (ADB-47284-001)

Countries
  • Bhutan
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
Canceled
Bank Risk Rating
U
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
Aug 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 Revenue and Customs
The holder of the loan, grant, or other investment.
Sectors
  • Industry and Trade
  • Technical Cooperation
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 1.00 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 Oct 2, 2017

Disclosed by Bank Mar 28, 2016


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Project Description
This project rehabilitates existing roads, constructs missing link sections on the strategic southern east-west highway between Lhamoizingkha and Sarpang, and constructs new logistics and cross border facilities at selected locations in Phuentsholing, Nganglam and Gelephu.
Investment Description
  • Asian Development Bank (ADB)
Contact Information
Department of Revenue and Customs P.O. Box 117, Thimphu, Bhutan Department of Roads Ministry of Communications Thimphu Bhutan 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