Support for Silk Road Forum (ADB-49073-001)

Countries
  • Georgia
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
Canceled
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
Apr 28, 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 Economy - Georgia
The holder of the loan, grant, or other investment.
Sectors
  • Industry and Trade
  • 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)
$ 0.23 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Currency conversion note:
Bank reported
Converted using 2015-04-28 exchange rate.
Project Cost (USD)
$ 0.23 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Currency conversion note:
Bank reported
Converted using 2015-04-28 exchange rate.
Primary Source

Original disclosure @ ADB website

Updated in EWS Jul 25, 2017

Disclosed by Bank Nov 12, 2015


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description
This project funded technical cooperation with the Georgian Ministry of Finance to host the Support for Silk Road Forum. The project provided funds for a consulting firm, administrative costs related to venue set-up and logistics, and travel and accommodation for select foreign government officials.
Investment Description
  • Asian Development Bank (ADB)
Contact Information
Executing Agency: Ministry of Economy and Sustainable Development of Georgia 12 Chanturia Str., 0108, Tbilisi 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