Support to Border Areas Development Project (ADB-48189-002)

Countries
  • Vietnam
Where the impacts of the investment may be experienced.
Specific Location
Provinces of Binh Phuoc, Dak Nong, Gia Lai, Kon Tum, Dak Lak
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
Active
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 8, 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
Government of Vietnam
The holder of the loan, grant, or other investment.
Sectors
  • Industry and Trade
  • 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)
$ 106.51 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)
$ 122.11 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Bank Documents
Primary Source

Original disclosure @ ADB website

Updated in EWS Nov 8, 2017

Disclosed by Bank Dec 8, 2016


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Project Description
This project finances an integrated area approach that helps connect rural communities to increasing trade and passenger flows. This includes five components: i) building greater and safer transport connectivity by upgrading critical roads linking producers to markets, and rural communes to commercial and administrative centres; (ii) improving access to schools and healthcare services; (iii) supporting transport and trade facilitation; (iv) promoting inclusive community-based tourism; and (v) strengthening provincial capacity for more strategic investment planning and efficient project management.
Investment Description
  • Asian Development Bank (ADB)
Financing Plan Project Cost US$ 122.11 ADB US$ 106.51 Counterpart US$ 15.60 Co-financing US$ 0.0
Contact Information
Responsible ADB Officer Nguyen, Cuong Dinh Responsible ADB Department Southeast Asia Department Responsible ADB Division Viet Nam Resident Mission Executing Agencies Provincial People's Committee of Binh Phuoc WEB@BINHPHUOC.GOV.VN Road 6/1, Tan Phu Ward, Dong Xoai Town Binh Phuoc Province Provincial People's Committee of Dak Lak UBND@DAKLAK.GOV.VN 09 Le Duan, Buon Ma Thuot City, Dak Lak Province, Viet Nam Provincial People's Committee of Gia Lai VPUBNDTINH@GIALAI.VN No. 2, Tran Phu Road, Pleiku City Gia Lai Province Provincial People's Committee of Kon Tum Province VPUBND@KONTUM.GOV.VN 492 Tran Phu, Kon Tum City Kon Tum Province Provincial People's Committee, Dak Nong VPUBND@DAKNONG.GOV.VN 23/3 Street, Nghia Duc Ward Gia Nghia Town, Dak Nong Province 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