Northern Province Sustainable Fisheries Development Project (ADB-49325-002)

Regions
  • East Asia and Pacific
Geographic location where the impacts of the investment may be experienced.
Countries
  • Sri Lanka
Geographic location where the impacts of the investment may be experienced.
Specific Location
Jaffna, Mannar, Mullaitivu, and Killinochchi
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
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
Proposed
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
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."
Borrower
Government of Sri Lanka
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Infrastructure
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 174.00 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)
$ 174.00 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.
Bank Documents
Community Documents
Campaign Documents
Other Related Projects
Primary Source

Original disclosure @ ADB website

Updated in EWS Jun 26, 2020

Disclosed by Bank Sep 23, 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.

According to the bank document, the Northern Province Sustainable Fisheries Development Project will support investments to revive the fisheries sector in the conflict-affected coastal districts of Jaffna, Mannar, Mullaitivu, and Killinochchi. Investments are required to:

(i) rebuild large-scale infrastructures, such as harbors, anchorages, and associated facilities,

(ii) introduce new fishery technologies,

(iii) expand aquaculture sustainably

(iv) strengthen community-based organizations and related institutions, and

(v) develop economic activities for households headed by women, war widows, and single women.

The project's impacts are aligned to improve: (i) the nutritional status and food security, and (ii) incomes of fisher communities.

The outcome will be fisheries production in the Northern Province sustainably increased. The proposed outputs will be:

(i) climate resilient infrastructure developed and operational;

(ii) aquaculture developed;

(iii) entrepreneurial skills, market links and credit access for local communities including women are strengthened; and (iv) management of coastal and fishery resources improved.

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

Loan: Northern Province Sustainable Fisheries Development Project

Concessional ordinary capital resources lending / Asian Development Fund  US$ 63.00 million

Ordinary capital resources US$ 111.00 million


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.

Responsible ADB Officer Amerasinghe, Nishanthi Manjula
Responsible ADB Department South Asia Department
Responsible ADB Division Sri Lanka Resident Mission

Executing Agencies

Ministry of Fisheries and Aquatic Resources Development and Rural Economic Affairs
New Secretariat, Maligawatta
Colombo 10, Sri Lanka

Ministry of Prison Reforms, Rehabilitation, Resettlement, and Hindu Religious Affairs
#146, Galle Road, Colombo-03
Sri Lanka

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

How it works

How it works