Armenia-Georgia Border Regional Road (M6 Vanadzor-Bagratashen) Improvement Project (ADB-49244-003)

Countries
  • Armenia
Where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Development Bank (ADB)
  • European Investment Bank (EIB)
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
Jul 9, 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
Republic of Armenia
The holder of the loan, grant, or other investment.
Sectors
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 0.22 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 May 2, 2017

Disclosed by Bank Sep 23, 2016


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

Project Description
This project will conduct a due diligence to determine the specific road section and loan amount to be financed by ADB for the rehabilitation of M6 highway (Vanadzor-Bagratashen). Since the existing preparation work is based on the EIB requirements, the due diligence under the this project will also cover technical, economical, safeguards, road safety, and environment impact to ensure the compliance of ADB's requirements.
Investment Description
  • Asian Development Bank (ADB)
  • European Investment Bank (EIB)
Contact Information
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