Southeast Asia Urban Services Facility (ADB-52064-001)

Regions
  • East Asia and Pacific
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
Active
Bank Risk Rating
U
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
Jul 27, 2018
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.
Sectors
  • Infrastructure
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, etc.
Investment Amount (USD)
$ 9.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Sep 9, 2019

Disclosed by Bank Aug 3, 2018


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Project Description

According to bank documents, the proposed transaction technical assistance (TA) facility will support Southeast Asian developing member countries (DMCs) of the Asian Development Bank (ADB) during 2019 2021 to improve urban services through technical, policy, and capacity development support for projects and investment programs in the urban development and water sectors. During this period, ADB's urban development and water portfolio in Southeast Asia is expected to increase by $2.4 billion, equivalent to the current ADB portfolio developed during 2010 2018.

Investment Description
  • Asian Development Bank (ADB)

Co-financing:
Technical Assistance Special Fund US$ 5.00 million
Urban Climate Change Resilience Trust Fund under the Urban Financing Partnership Facility US$ 3.00 million
Project Readiness Improvement Trust Fund US$ 1.00 million 
Bill and Melinda Gates Foundation US$ 1.00 million

Contact Information

Responsible ADB Officer Padmanabhan, Vijay
Responsible ADB Department Southeast Asia Department
Responsible ADB Division Urban Development and Water Division, SERD
Executing Agencies Asian Development Bank

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