Railway Master Plan (ADB-51108-001)

Countries
  • Sri Lanka
Geographic location 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
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
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."
Voting Date
Sep 19, 2017
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
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
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Fund
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Grant Amount (USD)
$ 1.50 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)
$ 1.50 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.
Primary Source

Original disclosure @ ADB website

Updated in EWS Jul 20, 2020

Disclosed by Bank Sep 20, 2017


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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.

The proposed technical assistance will prepare a strategy for the strategic development of the railway transport sector and the multimodal integration of railway transport with other modes of transport. Institutional reforms to improve efficiency within the sector will be studied and recommendations for improvements provided.

The proposed technical assistance is in line with the government's priority investment areas for projects and programs identified under the draft CPS for Sri Lanka, i.e., to upgrade and expand infrastructure by supporting strategic investments and policy reforms in key sectors such as transport, energy, and urban development. It will establish a strategy for the development of the railway sector and its integration into a multimodal transport system in Sri Lanka complementing road, air and sea transport: it will also develop a pipeline prioritizing strategic interventions in the railway sector for infrastructure development and capacity building.

The proposed TA is ADB's first sector-wide intervention in the Sri Lanka rail transport sector and will pave the way for a coordinated approach into sector development by ADB and development partners. This will supplement prior and ongoing investments in the road sector in rural roads, national roads and expressways as well as investments in the maritime sector, i.e., in the Colombo Port Project. The proposed TA is timely, as ADB is in parallel supporting the preparation of the National Port Master Plan for Sri Lanka and the upgrade of the Road Sector Master Plan.

The impact of the proposed TA will be mobility through a safe and affordable integrated public land transport system with wide multimodal mix and technological innovation provided. The outcome of the proposed TA will be a strategy for the development of the railway sector established. The main output of the TA will be the Railway Master Plan prepared.

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

Contact Information
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Ministry of Transport and Civil Aviation
7th Floor, Sethsiripaya, Stage II,
Battaramulla, 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

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