Aimag and Soum Centers Regional Development Investment Program (formerly Mongolia Secondary Cities a (ADB-49430-005)

Regions
  • East Asia and Pacific
Where the impacts of the investment may be experienced.
Countries
  • Mongolia
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
Proposed
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.
Sectors
  • Water and Sanitation
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, etc.
Investment Amount (USD)
$ 360.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 360.00 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 Mar 8, 2019

Disclosed by Bank Sep 27, 2018


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

Project Description

According to ADB website, the program will be aligned with the following impact: more sustainable development in Mongolia, driven by multisector economy and ecological balance achieved. The outcome is population and private sector in targeted regional urban clusters benefit from improved urban and economic facilities and services. The outputs of the program are (i) municipal infrastructure and urban services in targeted areas improved, (ii) economic infrastructure and facilities in targeted areas improved, (iii) road linkages within targeted urban regions increased, and (iv) capacity in program and institutional management strengthened.

Investment Description
  • Asian Development Bank (ADB)
Contact Information

No contact information provided at the time of disclosure. 

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