Metro Manila Bridges Project (ADB-52181-001)

Countries
  • Philippines
Where the impacts of the investment may be experienced.
Specific Location
City of Marikina, City of Pasig, Quezon City
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
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.
Borrower
Government of the Philippines
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)
Loan
The categories of the bank investment: loan, grant, etc.
Investment 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.
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.
Primary Source

Original disclosure @ ADB website

Updated in EWS Jan 28, 2020

Disclosed by Bank Jan 9, 2020


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Project Description

According to ADB website, the project will finance the construction of 5 bridges crossing Marikina River and Manggahan Floodway as part of the government's effort to solve the increasingly severe traffic problem of Metro Manila, the National Capital Region (NCR) of the Philippines. The Project will include a component to strengthen the capacity of the executing agency in planning, design, management, and operation and maintenance (O&M) of bridges and crossing structures using a holistic approach, including by factoring climate change and disaster risk considerations. 

Investment Description
  • Asian Development Bank (ADB)
Contact Information

Executing Agency: Department of Public Works and Highways
ADB-PMO Bldg. 2nd St.
Port Area, Manila

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