Smart and Energy Efficient City Project, Phase 1 (ADB-53333-001)

Countries
  • Vietnam
Geographic location where the impacts of the investment may be experienced.
Specific Location
Can Tho, Da Nang, Hai Phong, Ha Noi, Quang Nam and Quang Ninh province
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
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Borrower
The Government of the Socialist Republic of Vietnam
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Energy
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, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 95.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Loan Amount (USD)
$ 95.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 95.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ ADB website

Updated in EWS Jun 20, 2021

Disclosed by Bank Apr 14, 2021

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the bank document "Smart and Energy Efficient City Project (SEECP) (Phase I) is included in the country operations business plan 2020-2022 for Viet Nam.

The project is aligned with the Viet Nam National Energy Efficient Program 3 (VNEEP 3 2019-2030), and has the following three outputs:

(i) energy efficiency of streetlighting and public buildings increased in Can Tho, Da Nang, Ha Noi, and Hai Phong special administrative cities; and Quang Nam and Quang Ninh provinces in Viet Nam;

(ii) policy and regulatory environment improved; and

(iii) capacity strengthened and awareness increased of various stakeholders.

The project has the following impacts: (i) national energy saving targets met, and (ii) national GHG emission reduced.

The outcome will be fossil-fuel dependent energy consumption reduced in the six targeted cities and provinces".

 

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Executing Agencies

Asian Development Bank
6 ADB Avenue,

Mandaluyong City 1550, Philippines

Can Tho People's Committee

02 Hoa Binh Avenue, Tan An Ward

Ninh Kieu District, Can Tho City

Da Nang City People's Committee

Danang City Administration Building

No. 24 Tran Phu Street

Ha Noi City People's Committee

79 Dinh Tien Hoang Street

Ha Noi City

Hai Phong City People's Committee
Hai Phong, Vietnam

Quang Nam Provincial People's Committee

62 Hung Vuong, Tan Thanh Ward
Tam Ky Town, Quang Nam
Viet Nam

Quang Ninh Provincial People's Committee

Administration Building No. 2, Hong Ha Commune

Ha Long City

ACCESS TO INFORMATION

You can submit an information request for project information at: https://www.adb.org/forms/request-information-form

ADB has a two-stage appeals process for requesters who believe that ADB has denied their request for information in violation of its Access to Information Policy. You can learn more about filing an appeal at: https://www.adb.org/site/disclosure/appeals

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.

How it works

How it works