Samoa Submarine Cable Project (ADB-47320-001)

Countries
  • Samoa
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
Nov 23, 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 Samoa, Ministry of Finance
The holder of the loan, grant, or other investment.
Sectors
  • Communications
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.
Grant Amount (USD)
$ 42.50 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Investment Amount (USD)
Not Disclosed
When disclosed, the bank did not provide this value. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ ADB website

Updated in EWS Oct 26, 2017

Disclosed by Bank Sep 29, 2016


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Project Description
According to ADB documents, the project will support the development and operation of a submarine fiber optic communication cable system linking Samoa to Fiji where an existing international submarine cable network will provide onward cost-effective access to the rest of the world. The proposed project will also support reforms to strengthen the regulatory and legal environment for the information and communication technology (ICT) sector, and facilitate investments in e- health solutions. The impact of the project is universal access to reliable and affordable ICT services. The outcome of the project is quality broadband services available at an affordable price and used for enhancing e-health.
Investment Description
  • Asian Development Bank (ADB)
Contact Information
Project Officer: Melei, Maria Pacific Department, ADB No contact information provided at the time of disclosure. Executing Agency: Ministry of Finance Email Address: V-TAGILIMA@TREASURY.GOV.WS Ministry of Finance, Government of Samoa Private Bag, Apia, Samoa 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