Improving Internet Connectivity for the South Pacific Project (ADB-50110-001)

Countries
  • Cook Islands
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
Approved
Bank Risk Rating
B
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
Dec 15, 2017
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
Government of Cook Islands
The holder of the loan, grant, or other investment.
Sectors
  • Communications
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant, Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 15.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 25.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Jan 11, 2019

Disclosed by Bank Sep 28, 2018


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Project Description

According to bank documents, the project will support the Cook Islands’ share in the Manatua cable system (MCS), a regional submarine internet cable system that will link Samoa and French Polynesia (non-ADB member), with additional spurs and branching units to link Rarotonga and Aitutaki in the Cook Islands, and Niue (non-ADB member). ADB financing will cover (i) the design and construction of the spurs and branching units for Rarotonga and Aitutaki, and (ii) the Cook Islands’ share in the design and construction of the MCS. The Government of New Zealand, represented by the Ministry of Foreign Affairs and Trade, will provide grant cofinancing to the government for the project.

Investment Description
  • Asian Development Bank (ADB)

Co-financing
Government of New Zealand Grant US$ 10 million

Contact Information

Responsible ADB Officer Bhattacharya, Sibesh
Responsible ADB Department Pacific Department
Responsible ADB Division Urban, Social Development & Public Management Division, PARD
Executing Agencies
Ministry of Finance & Economic Management
PO box 120
Cook Islands

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