Enabling Economic Corridors through Sustainable Transport Sector Development (ADB-49063-001)

Countries
  • Pakistan
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
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
Nov 17, 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
Ministry of Communications
The holder of the loan, grant, or other investment.
Sectors
  • 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)
$ 15.41 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 Nov 9, 2017

Disclosed by Bank Sep 9, 2016


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Project Description
This project funds modernization of transportation infrastructure and greater regional connectivity through support for the Central Asia Regional Economic Cooperation Transport and Trade Facilitation Strategy 2020. This plan pushes toward completion of strategic corridors, sustainability and quality of service to these corridors through better maintenance, road safety, facilitation of trade, and multidimensional approach to transportation development and is supported by the technical assistance.
Investment Description
  • Asian Development Bank (ADB)
Contact Information
Ministry of Communications Secretary Islamabad Pakistan Ministry of Planning, Development and Reform Mr. Malik Muhammad Saeed Khan, Member, Infrastructure / Additional Secretary Infrastructure Wing, Islamabad, Pakistan 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