South Asia Subregional Economic Cooperation Highway Improvement Project (ADB-52097-001)

Countries
  • Nepal
Where the impacts of the investment may be experienced.
Specific Location
Kamala, Kanchanpur
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
Active
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
Oct 3, 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.
Borrower
Goverment of Nepal
The holder of the loan, grant, or other investment.
Sectors
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services, Grant, Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 180.75 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)
$ 180.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Grant Amount (USD)
$ 0.75 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)
$ 256.40 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Bank Documents
Primary Source

Original disclosure @ ADB website

Updated in EWS Nov 26, 2018

Disclosed by Bank Oct 3, 2018


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Project Description

According to the bank documents, "the project will support capacity, quality, and safety improvements of the East -West Highway (EWH), which is the main domestic and international trade corridor of Nepal, and which forms part of the South Asian Association for Regional Cooperation (SAARC) corridor 4 linking Kathmandu to Dhaka and Chittagong through India. The project will (1) rehabilitate and widen about 87 kilometers (km) of the EWH between Kanchanpur and Kamala in southeastern Nepal; (2) improve road safety, asset management, and gender equality and social inclusion (GESI) on the 1,027 km EWH; and (3) strengthen the road safety and GESI capacity of road sector agencies. The project will promote economic growth and contribute to improving the competitiveness of Nepal's exporting industries by enhancing the efficiency of the transport system, strengthening national and regional connectivity, and improving the safety of the road network.

 

Investment Description
  • Asian Development Bank (ADB)

Cofinancing:
Government of Nepal US$ 76.4 million

Contact Information

Responsible ADB Officer Georget, Johan
Responsible ADB Department South Asia Department
Responsible ADB Division Transport and Communications Division, SARD
Executing Agencies
Ministry of Physical Infrastructure and Transport
HPSHARMA@MELAMCHIWATER.ORG

Singha Durbar,
Nepal Project Directorate (ADB) - Department of Roads
PDADB@WLINK.COM.NP
Bishalnagar, Kathmandu, Nepal

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