Original disclosure @ ADB website
Updated in EWS Jun 25, 2020
Disclosed by Bank Jun 12, 2019
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According to the bank document, the proposed project is responsive to Asian Development Bank’s (ADB’s) country partnership strategy for Myanmar, which includes improving access and connectivity to address critical infrastructure needs, connect rural and urban areas and markets, and link Myanmar’s businesses with its neighbors and the global marketplace.
It is also aligned with ADB’s Strategy 2030, which highlights the operational priorities in accelerating progress in gender equality and the need for private sector participation in infrastructure projects in new communication technologies and the mobilization of private sector resources for innovation and job creation.
Ooredoo Myanmar will access ADB’s assistance to expand its fourth-generation (4G) network coverage, upgrade telecommunications equipment for existing sites, expand fiber cable network, and acquire additional spectrums and licenses.
Ordinary capital resources (3776 ADB's Loan) USD 150.00 million
Ordinary capital resources (3777 ADB's Loan) USD 350.00 million
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
Responsible ADB Department Private Sector Operations Department
Responsible ADB Division Infrastructure Finance Division 2
Responsible ADB Officer Hong, Won Myong
*There is no further information being disclosed at this stage of the project*
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