The project provides financing for the project development facility (PDF) to support line departments in engaging the assistance of experienced transaction advisors. The ADB loan will be used to fund a dedicated viability gap fund (VGF) window that will be managed by the Planning and Development Department (PDD).
The project is aligned with the following impact: private sector investments and overall employment in Punjab increased. The project will have the following outcome: sustainable and fiscally responsible public-private partnership (PPP) projects that offer value for money (VFM) increased. The outputs are (i) PDF and VGF resources for PPP projects augmented, and (ii) PPP institutional capacity enhanced and strengthened.
Department for International Development US$ 19.62 million
Ordinary capital resources US$ 100.00 million
Government of the United Kingdom US$ 4.01 million
Responsible ADB Officer Masood, Sana
Responsible ADB Department Central and West Asia Department
Responsible ADB Division Pakistan Resident Mission
Executing Agencies Planning & Dev. Dept., Govt. of the Punjab
Iftikhar Ali Sahoo
CIVIL SECRETARIAT, LAHORE, 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