Implementing Reforms for Growth and Competitiveness (ADB-53104-001)

Countries
  • Timor-Leste
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
Proposed
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.
Borrower
Government of Timor-Leste
The holder of the loan, grant, or other investment.
Sectors
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 1.00 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)
$ 1.50 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS May 21, 2020

Disclosed by Bank Dec 11, 2019


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description

According to the bank document, "TheTA will provide advisory support to guide corporatization of water and electricity services and will help to reduce the transaction costs faced byprivate businesses by advising on implementation of Timor-Leste’s Companies Law and streamlining other government business-processes."

Investment Description
  • Asian Development Bank (ADB)
Contact Information

Responsible ADB Officer David Freedman
Responsible ADB Department Southeast Asia Department
Responsible ADB Division Timor-Leste Resident Mission
Executing Agencies Ministry for Legislative Reforms and Parliamentary Affairs
Government Palace, Street Jose Maria Marques Dili, Timor-Leste

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