According to the bank website, "The proposed project readiness financing (PRF) is intended to test the project approach and prepare an investment project suitable for Asian Development Bank's (ADB) financing programmed in 2023. It will prepare the ensuing investment project by: (1) screening suitable road section for piloting the advanced construction technology and subsequent selection of candidate subprojects for the ensuing investment project(s); (2) undertaking feasibility studies and due diligence on institutional, financial, procurement, and safeguards aspects of the selected subprojects; (3) preparing detailed engineering designs and procurement of contracts for the ensuing project, including preparation of bid documents and procurement management support; and (4) initial capacity building to support the ensuing project's start-up activities."
Responsible ADB Officer: Ishenaliev, Rustam I.
Responsible ADB Department: Pacific Department
Responsible ADB Division: PATC
Department of Finance and Administration
Federated States of Micronesia
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.