Municipal Waste-to-Energy Project (ADB-50371-001)

Countries
  • Vietnam
Where the impacts of the investment may be experienced.
Specific Location
Mekong Delta
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
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 1, 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
CHINA EVERBRIGHT INTERNATIONAL LIMITED
The holder of the loan, grant, or other investment.
Sectors
  • Energy
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)
$ 100.00 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)
$ 100.00 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)
$ 100.00 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 30, 2019

Disclosed by Bank Oct 27, 2017


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Project Description

According to ADB website, the Project will support the construction and operation of a series of WTE plants with advanced clean technologies including flue gas emission control to meet EU standards in multiple municipalities throughout Viet Nam. The design of the proposed Project in Viet Nam took careful consideration of the experience from previous WTE projects. ADB supported municipal and agricultural waste to energy projects in the PRC in 2009 and 2012. ADB's portfolio approach has also facilitated the financing of multiple subprojects too small to be financed alone. This has contributed to PPP developments in municipal environmental infrastructure sector and has effectively mitigated GHG emissions.

Investment Description
  • Asian Development Bank (ADB)
Contact Information

Client: China Everbright International Limited
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