Original disclosure @ ADB website
Updated in EWS Jan 7, 2023
Disclosed by Bank Mar 10, 2022
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According to ADB, The Government of Nagaland (GON) has requested a project readiness financing (PRF) facility from the Asian Development Bank (ADB) to support the preparation of the Nagaland Urban Infrastructure Development Project covering 16 DHTs. The PRF will support the GON in conducting holistic planning and developing priority infrastructure investment subprojects with innovative and finance plus elements.
The ensuing Nagaland Urban Infrastructure Development Project, with an indicative financing requirement of $110 million, will be financed from ADB’s ordinary capital resources. It is expected to be approved in the fourth quarter of 2023. The ensuing project aims to (i) improve urban infrastructure in priority urban areas in 16 DHTs in the state of Nagaland, and (ii) strengthen institutional and financial capacities identified based on the results of preparatory activities supported under the PRF.
|Responsible ADB Officer||Kumar, Bhavesh|
|Responsible ADB Department||South Asia Department|
|Responsible ADB Division||India Resident Mission|
|Executing Agencies||Urban Development Department, Govt of Nagaland|
ACCESS TO INFORMATION
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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.