Ulaanbaatar Darkhan Road (EBRD-50766)

Countries
  • Mongolia
Where the impacts of the investment may be experienced.
Financial Institutions
  • European Bank for Reconstruction and Development (EBRD)
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
A
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
Nov 27, 2019
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
Mongolia Sovereign
The holder of the loan, grant, or other investment.
Sectors
  • Construction
  • Infrastructure
  • Transport
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)
$ 175.00 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)
$ 175.00 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 @ EBRD website

Updated in EWS Aug 30, 2019

Disclosed by Bank Aug 1, 2019


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Project Description

According to the Bank's website, this project finances the expansion of a 202km road in the north of Mongolia from Ulaanbaatar to Darkhan, the country's second-largest city. 

The project will include: construction of a new 2-lane road, including roundabouts, U-turns and stopping areas; provision of road furniture; construction of crossings over eight railways; construction and rehabilitation of bridges and culverts; and rehabilitation of toll booths.  

According to the bank, the main potential impacts during construction and operation will be associated with air quality as a result of dust and gaseous emissions, noise and vibration, disturbance and loss of soils, consumption of materials and waste generation, land take and economic displacement, construction and public health and safety, management of the workforce, road and traffic safety and some impacts on cultural heritage.

Investment Description
  • European Bank for Reconstruction and Development (EBRD)
Contact Information

Ms. SUGARMAA Chadraabal, Mr. Ganbagana Bat-Ochir
sugarmaa@mrtd.gov.mnganbagana@mrtd.gov.mn
97692263185
www.mrtd.gov.mn
MINISTRY OF ROADS AND TRANSPORT DEVELOPMENT Government Building-13, Chinggis
Avenue-11, Sukhbaatar District 8, Ulaanbaatar , 14251, Mongolia

ACCOUNTABILITY MECHANISM OF EBRD

The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent. You can contact the PCM at pcm@ebrd.com or you can submit a complaint online using an online form, http://www.ebrd.com/eform/pcm/complaint_form?language=en. You can learn more about the PCM and how to file a complaint at http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html.