Urban Project Preparatory Facility (ADB-51297-001)

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
C
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 18, 2018
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
  • Infrastructure
  • Law and Government
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, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 11.00 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.
Loan Amount (USD)
$ 10.00 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.
Grant Amount (USD)
$ 1.00 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.
Bank Documents
Primary Source

Original disclosure @ ADB website

Updated in EWS Jul 21, 2020

Disclosed by Bank Sep 18, 2018

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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.

According to the bank document, "the outputs of the proposed Urban Project Preparatory Facility for Sri Lanka include (i) feasibility studies and detailed designs of urban projects completed; (ii) advance implementation support for two ensuing projects provided; and (iii) institutional capacity of implementing agencies strengthened. The outputs will result in the following outcome: high level of urban project readiness achieved. The project will be aligned with the following impact: urban projects in strategic cities and towns implemented in a timely manner. The TA loan will develop two projects listed in the country operations business plan (COBP), 2018- 2020. Subproject selection criteria were prepared together with executing agencies, and projects to be developed under the UPPF were initially identified during fact-finding mission. Areas of value addition for ADB include piloting innovative approaches such as high-level technology to improve operational efficiency, reduce greenhouse gas emissions, and address climate change impacts."

An attached transaction technical assistance (TA) of $1.0 million funded on a grant basis by ADB's Technical Assistance Special Fund (TASF-6) will provide capacity building and implementation support to the executing agencies in areas of procurement, technical appraisal, safeguards, disaster and climate change, governance improvement, strategic planning, financial management, revenue generation, and operational and maintenance capacity for improved service delivery.

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

Technical Assistance Special Fund US$ 1.00 million 


Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Responsible ADB Officer Slangen, Ron H.
Responsible ADB Department South Asia Department
Responsible ADB Division Urban Development and Water Division, SARD
Executing Agencies
Ministry of Megapolis and Western Development
PDSCDP14@GMAIL.COM
4th Floor, Sethsiripaya Stage 1 Ministry of Provincial Councils, Local Government and Sports
SPRIP@EUREKA.LK
330 Union Place, Colombo 2, 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

How it works

How it works