Responsive COVID-19 Vaccination for Recovery Project under the Asia Pacific Vaccine Access Facility (ADB-55086-001)

  • South Asia
Geographic location where the impacts of the investment may be experienced.
  • Maldives
Geographic location where the impacts of the investment may be experienced.
Specific Location
Hulhummale, Male
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
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
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."
Voting Date
Sep 14, 2022
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Republic of Maldives
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
  • Education and Health
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 10.00 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)
$ 10.77 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.
Primary Source

Original disclosure @ ADB website

Updated in EWS Oct 20, 2022

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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 ADB, the project will provide Maldives with needed financing to sustain and upgrade its national coronavirus disease (COVID-19) vaccination program, within its overall expanded program of immunization (EPI), through the project investment component (PIC) modality of the Asia Pacific Vaccine Access Facility (APVAX) of the Asian Development Bank (ADB). The PIC grant will support investments for the storage, distribution, delivery, and administration of COVID-19 vaccines, along with related investments in capacity building, which will help ensure the success of the government's COVID-19 vaccine booster program.

The project is aligned with five of the operational priorities of ADB's Strategy 2030: (i) addressing remaining poverty and reducing inequalities; (ii) accelerating progress in gender equality; (iii) tackling climate change, building climate and disaster resilience, and enhancing environmental sustainability; (iv) strengthening governance and institutional capacity; and (v) fostering regional cooperation and integration. It is consistent with ADB's country partnership strategy, 2020-2024 for Maldives, which prioritizes the st

The proposed project will be implemented from October 2022 to December 2025. The objectives of the project are as follows:

i) Strengthen the cold chain capacity to store, distribute and manage the COVID-19 vaccines and the Expanded Program for Immunization (EPI) program vaccines efficiently in the Maldives.

ii) The main project activities include construction of a six-storey central vaccine cold storage facility in Hulhumale’ and procurement of 7 speed boats and 2 refrigerated trucks to be utilized in six regional hospitals and in central Male’ region.

iii) In addition, the project involves establishment of the National Level Data Center for the health sector and ensure to link between the regional public health agencies. This will include procurement of equipment that are required for expanding the server capacity of the data center and the provision of required human resources to design and fix the software-driven wide area networks. The data center will link all islands, atolls, and the Male` region to receive /share health data.

iv) Lastly, the project will strengthen the human resource capacity of the EPI and COVID-19 vaccination program through local and international training of existing staff, capacity building workshops and site-visits.

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

Contact Information
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Responsible ADB Officer Chen, Dai-Ling
Responsible ADB Department South Asia Department
Responsible ADB Division Human and Social Development Division, SARD
Executing Agencies
Ministry of Finance (formerly Ministry of Finance and Treasury)


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How it works