Multipartner Financing Facility for the Highlands Highway (ADB-48444-001)

Countries
  • Papua New Guinea
Geographic location 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
Active
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
C
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
May 13, 2016
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Government of Papua New Guinea
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Infrastructure
  • 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, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 1.50 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 1.50 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Jun 26, 2020

Disclosed by Bank Sep 30, 2016


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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

The PPTA will: (i) Define the overall scope of the investment and maintenance program; (ii) Structure and prepare the road map for the sequencing of the implementation of the program in three consecutive tranches; (iii) Coordinate and conduct initial program level assessments and initial field surveys and activities required for the full preparation and readiness of Project 1 to be funded under tranche 1, this includes technical, environmental and social safeguards, procurement and fiduciary aspects; (iv) Identify capacity gaps of the Department of Works and Implementation's (DOW) Highlands Region Management Group (HRMG) for successfully delivering Project 1 and the next two, make practical commendation to fulfill these gaps with implementation support and capacity building TA, adequate and realistic national staffing, and appropriate restructuring; prepare TOR for the HRMG, the Highlands Highway Steering Committee, the CWG, and the common Secretariat of the two latter; (v) Identify specific infrastructure investments to improve road safety for vehicle occupants and pedestrians and incorporate them into the road and bridge works contracts; (vi) Conduct the economic analysis of the overall program to determine its acceptability in terms of economic efficiency and fiscal sustainability, and undertake a detailed economic analysis of Project 1 in accordance with the relevant ADB's guidelines. (vii) Conduct an overall climate risk and vulnerability assessment (CRVA) of the overall program, and a detailed CRVA of Project 1, including recommendations for adaptation measures and estimates of the associated costs in line with the Green Climate Fund (GCF) requirements. (viii)Prepare cost estimates and financing plan, conduct financial evaluation of the program and financial entities, and conduct financial management assessment. (ix) Prepare a summary poverty reduction and social strategy and a gender action plan for the program, Prepare EARF, RF, IPDF (if required). Prepare an environmental impact assessment (EIA) or initial environmental examination (IEE), environmental management plan (EMP), resettlement plan (RP), and IPDP (if required) for Project 1. (x)Prepare Facility Administration Manual for the program. (xi) Develop assurances under the facility agreed with the borrower. (xii)Prepare the procurement plan for Project 1, and verify that efficient procurement monitoring and contract management systems are in place;

 

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Department of Works and Transport
P.O. Box 1489, Port Moresby
NCD, Papua New Guinea

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

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