Transport Infrastructure Investment Sector Project (formerly Bridge Replacement Project) (ADB-48141-001)

Countries
  • Fiji
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 5, 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
Government of Republic of Fiji, Ministry of Economy
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)
Advisory Services, Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 0.70 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)
$ 150.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ ADB website

Updated in EWS Oct 15, 2017

Disclosed by Bank Mar 29, 2017


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Project Description
According to ADB website, the ADB is helping Fiji improve the safety and durability of its land and maritime transport infrastructure. The project will finance civil works to repair and upgrade existing roads, bridges, and rural jetties. A key focus will be on building climate-resilient infrastructure. It will also help strengthen institutional capacity of central and line agencies. The proposed project will improve access to socioeconomic opportunities by supporting the government in upgrading and rehabilitating land and maritime transport infrastructure. The project will finance repair, rehabilitation, and upgrading of transport infrastructure prioritized by an updated 20-Year National Transport Infrastructure Plan, based on the GGF, the Roadmap for Democracy and Sustainable Socio-Economic Development, and Public Sector Investment Program. The World Bank has expressed strong interest in cofinancing the project, and is expected to approve its cofinancing in early 2015; following that approval, the project scope will be enlarged to cover additional subprojects.
Investment Description
  • Asian Development Bank (ADB)
Contact Information
Project Officer: Ling, David Tai-Wen Pacific Department 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